goldman sachs

Apple CFO Steps Down Day After Joining Goldman Sachs Board

Apple CFO Steps Down Day After Joining Goldman Sachs Board
Apple's longtime Chief Financial Officer Peter Oppenheimer will retire in September and he'll be replaced by the company's corporate controller. The announcement Tuesday comes one day after Goldman Sachs named Oppenheimer as one of its 13 board members.
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AP
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How Wall Street Won the War (And What Happens Next)

How Wall Street Won the War (And What Happens Next)
Have you heard? Goldman Sachs is “a shell of its former self.” Fortunately for its executives, this “shell” earned $8.91 billion in 2013, just a few short years after its leaders mismanaged it into the ground as its bankers committed serial fraud.
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Whistleblower vs 'Non-Actionable Disagreement': Fed Moves to Have Goldman Examiner's Lawsuit Dismissed

Whistleblower vs 'Non-Actionable Disagreement': Fed Moves to Have Goldman Examiner's Lawsuit Dismissed
The Federal Reserve Bank of New York has asked a judge to throw out a lawsuit by a former bank examiner who says she was dismissed after finding fault with Goldman Sachs’ conflict-of-interest policies. In its motion to dismiss Segarra’s lawsuit, the Fed disputed that she is a whistleblower and characterized what transpired as “a non-actionable disagreement between a supervised employee and more senior colleagues over how to interpret a Federal Reserve policy.”
origin Author: 
Jake Bernstein
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Judge: The Fed's Obligations to Goldman Sachs Not as Important as Public's Right to Know

Judge: The Fed's Obligations to Goldman Sachs Not as Important as Public's Right to Know
A federal judge rejected the Federal Reserve Bank of New York’s plea to seal documents in a wrongful termination lawsuit filed by a former bank examiner who claims she was fired for doing her job. “I am not convinced that anything will be accomplished to seal or redact a complaint that is publicly available,” U.S. District Judge Ronnie Abrams said.
origin Author: 
Jake Bernstein
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NY Fed Fired Examiner Who Took on Goldman

NY Fed Fired Examiner Who Took on Goldman
Under a Fed mandate, the investment banking behemoth was expected to have a company-wide policy to address conflicts of interest in how its phalanxes of dealmakers handled clients. Although Goldman had a patchwork of policies, the examiner concluded that they fell short of the Fed's requirements.
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Corporate Patronage Continues: Canada Ambassador Post Given to Wall Street Executive

Corporate Patronage Continues: Canada Ambassador Post Given to Wall Street Executive
​President Barack Obama has nominated a Chicago investment banker and campaign fundraiser to be U.S. ambassador to Canada.
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Laissez Faire: Goldman Sachs Manipulates Market, Government Shrugs

Laissez Faire: Goldman Sachs Manipulates Market, Government Shrugs
Goldman Sachs' manipulation of aluminum prices has not created the summary indignation in Congress one would expect. In fact, Congress is filled with members either coming from, or going to, cushy Wall Street jobs. The revolving door continues, and our economy and democracy suffers as a result.
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