WaMu, other banks motivated by greed, financial crisis probe concludes

By David Heath

WaMu, other bankers knowingly sold bad loans, Senate probe of crisis concludes

Excerpts from this story referencing "Goldman Sachs":

"… te committee used WaMu as one of several case studies in its investigation.Goldman Sachs was 'sticking it to its customers'Levin was especially critical of Goldman …"

"… n Sachs was 'sticking it to its customers'Levin was especially critical of Goldman Sachs, which he described as the only bank to rake in huge profits during the re …"

"… mined the subprime mortgage market looked weak.In just two months in 2007, Goldman Sachs went from investing $2 billion in subprime assets to reversing itself and …"

"… ersing itself and making a huge bet against that market. By Feb. 21, 2007, Goldman Sachs had risked $10 billion on a bet that the subprime market was going to dete …"

Financial reform this week: House Republicans push bill to curb CFPB power

By Julie Vorman

Your guide to financial reform law events during the week of May 2

Excerpts from this story referencing "Goldman Sachs":

"… estment Company Institute's annual meeting for fund managers in Washington.Goldman Sachs - Goldman Sachs Inc. holds its annual shareholders meeting in Jersey City, …"

"… Institute's annual meeting for fund managers in Washington.Goldman Sachs - Goldman Sachs Inc. holds its annual shareholders meeting in Jersey City, NJ. Timeli …"

No lobbyists in Obama White House? Not quite

By Josh Israel

With the announcement of former Goldman Sachs lobbyist Mark Patterson to serve as chief of staff for Obama’s new treasury secretary, Timothy

Excerpts from this story referencing "Goldman Sachs":

"… we’ll be keeping our eyes on this one… …"

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In Volcker Rule debate, all sides get say -- but what will the regulators hear?

By Jeremy Borden

In the Dodd-Frank law's sprawling package of financial reforms, the Volcker rule stands out as one of few measures with the potential to tak

Excerpts from this story referencing "Goldman Sachs":

"… lcker rule, according to disclosure documents posted on the Fed's website. Goldman Sachs, Credit Suisse, and Morgan Stanley have argued in meetings with Treasury o …"

The end of Lehman, part 2

By Michael Hudson

What did Dick Fuld and other Lehman executives know, and when did they know it? Staff writer Michael Hudson reviews some of the evidence. Fo

Excerpts from this story referencing "Goldman Sachs":

"… execs pushed aside risk managers in a headlong effort to catch up to rival Goldman Sachs. “It was quite hard to stand in the way,” Gowers said. Lehman had good …"

FDIC sits on potential 50 lawsuits as it tries to reach settlements

In the more than two years since Lehman Brothers went bust, the Federal Deposit Insurance Corp. has shuttered more than 250 banks, but has s

Excerpts from this story referencing "Goldman Sachs":

"… p officers of New Century Financial with securities fraud; and, of course, Goldman Sachs and one of its traders with civil fraud over mortgage securities sold unde …"

"… th civil fraud over mortgage securities sold under its “Abacus” deals. Goldman Sachs, which recently settled its suit for $550 million, complained that it was …"

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Morgan Stanley latest to settle with Massachusetts

Before Massachusetts Attorney General Martha Coakley gained notoriety as a failed Democratic candidate for the U.S. Senate, she was best kno

Excerpts from this story referencing "Goldman Sachs":

"… office has won several notable subprime-related settlements. In 2009, the Goldman Sachs Group Inc. agreed to pay $60 million to settle similar charges, and Fremon …"

Bank lobbyists plead to delay derivatives, FDIC fee rules

By Julie Vorman

A fundamental principle of Lobbying 101 is that when a regulatory issue isn’t going your way, ask for more time. So it’s not surprising to s

Excerpts from this story referencing "Goldman Sachs":

"… for derivatives trading that are now underway. Among the repeat visitors: Goldman Sachs, the Financial Services Roundtable, and the Securities Industry and Financ …"

"… TC, which is taking the lead as the two agencies develop derivatives rules.Goldman Sachs lobbyists have met in person or on conference calls with CFTC officials at …"

Reform reading: House Democrats brace for election changes

By Julie Vorman

A roundup of news and commentary to help consumers monitor the transparency and accountability of the Dodd-Frank financial reform law....

Excerpts from this story referencing "Goldman Sachs":

"… e, Brian Moynihan at Bank of America, and Lloyd Blankfein and Gary Cohn at Goldman Sachs are all social liberals who largely support the president’s agenda on he …"

Goldman settlement sends shiver through banking world

By John Dunbar

Goldman Sachs & Company’s agreement to pay up to $60 million to settle a Massachusetts investigation of subprime lending sends a sobering me

Excerpts from this story referencing "Goldman Sachs":

"… 4); Long Beach Mortgage Corp. (No. 5) and Accredited Home Lenders (No. 13). …"

"… ngs show Fremont maintained a line of credit of at least $500 million with Goldman Sachs. Goldman also packaged securities using Option One loans.Goldman spokesman …"

"… One loans.Goldman spokesman Michael DuVally told reporters Monday that “Goldman Sachs is pleased to have resolved this matter.”The bank has supplied funding t …"

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