Here are a few decent soundbites from the media on the subject of that Goldman fraud charge.
Respected Rochdale Securities analyst Richard Bove issued a sobering research note to clients Friday, in the wake of the news that US market regulator The Securities and Exchange Commission was charging Goldman with fraud.
Here's Goldman's latest press release on the subject of those SEC fraud charges.
Friday's news that US market regulator The Securities and Exchange Commission is charging Goldman Sachs with fraud had a ripple effect on the stock of other firms in the banking sector.
Here's a few random facts:
Fortune magazine has an interview with Jes Staley, the head of JPMorgan Chase's investment banking unit. Although the article is pretty standard fare, it does reveal one interesting comment made by the man many feel bank CEO Jamie Dimon has handpicked to succeed him.
The Daily Telegraph reports that Royal Bank of Scotland (RBS) is to increase the base pay of some its investment bankers in order to change the compensation mix, placing less reliance on year-end bonuses. And, according to the newspaper, in some instances this will mean that salaries will double.
Three Arts and Sciences Seniors at Syracuse University have written to the student newspaper protesting that JPMorgan Chase CEO Jamie Dimon is to give next month's commencement (graduation) address.
We asked our readers who they thought won last Thursday's party leader debate.
'The definition of a good trader is a guy who takes losses. The definition of an ex-trader is one who tries to cover up a loss'.