Browsing articles tagged with " Goldman Sachs"

Nobody Whips Themselves Like Goldman Sachs Does

Oct 24, 2012
J. Webster
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When asked about Greg Smith's book, Goldman Sachs CEO Lloyd Blankfein said this: "Nobody can flagellate themselves as well as Goldman Sachs can." This great quote comes at around the 12 minute mark in the video below. Is Blankfein going to read Greg Smith's book? No, he said critics who've read the book said to "save that hour and a half for something better". And who knew Blankfein was a speed reader, as the book comes in a 288 pages....that's a pretty fast read.

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Goldman Sachs Overrun with Intern Applications

May 31, 2012
J. Webster
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Goldman Sachs' Gary Cohn has had to beat away all the summer interns with a stick. The greedy bastards are so desperate to work at Goldman Sachs this summer that he and Lloyd Blankfein have been inundated with gifts and promises and calls from powerful Dad's and Mom's asking that they except their son or daughter into their summer intern program. Nothing illegal going on here of course, no if you do this I'll do this type of thing, just kind words and coded language from Senators and CEOs about their sons or daughters abilities and what they can or

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Tiffany’s Still a Strong Brand

May 26, 2012
J. Webster
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Everybody and their mother is cutting their price targets on Tiffany & Co. (TIF), Goldman Sachs and Deutshe Bank to name a few, but is the stock close to a bottom? The stock has been beaten down this past week after it warned about slower sales this coming year. On Fast Money, Dan Nathan warned about slower growth from Asia and Europe, “50% of sales comes from overseas. A disappointment in Europe and Asia could send this stock lower". He was right and the stock has sunk. In late March, Tiffany's was trading for $73 a share, now it's down

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Goldman Sachs Wins Again

May 23, 2012
J. Webster
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Everybody wanted in on the Facebook IPO. Every investment bank wanted a piece of the underwriting action. It was going to be the biggest IPO ever. It was going to lead to more business and huge profits - more exposure and attention for the investment bank that took the social network public. Yeah, that was all a dream. In the end it turned into a nightmare for the lead underwriter, Morgan Stanley. They've received nothing but negative attention and bad press which now may lead to investigations in how they ran the IPO. So who was wise and smart about the

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Craigslist Missed Connection at Goldman Sachs

Apr 20, 2012
J. Webster
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It's springtime, so of course love is in the air. Over at Goldman Sachs there was a missed connection like something out of a cartoon. A glance was held for an extra long time, held so long that your head nearly spins off its body and then hearts start to fly out of your eyes and you float off the ground for a few brief minutes in a state of bliss. Let's hope these two can find one another. Seems like the chances are good. In New York, what with tempatures beening unseasonably warm of late, imagine we'll see more

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Potential Endorsement Deals for Lloyd Blankfein

Apr 13, 2012
J. Webster
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How much money did Lloyd Blankfein make this past year? Well, he took a bit of a pay cut, his pockets are a little lighter, as in a cool $6.7 million dollars lighter. Still, Lloyd made $12.4 million, which is a nice chunk of change, but it's no where near what some of the highest paid athletes make. Tiger Woods makes upwards of $75 million. Kobe Bryant makes around $53 million. David Beckham makes $40 million. Alex Rodriguez makes $35 million. Of course, a big chunk of their salaries come from endorsement deals. It seems like Blankfein should seek

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Breaking News in the Year 2015, Charlie Gasparino Caught Dumpster Diving at Goldman Sachs

Apr 11, 2012
J. Webster
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In a tireless effort to get to the bottom of the Muppet controversy at Goldman Sachs, intrepid Fox Business reporter, Charlie Gasparino, was found hiding under piles of paper near some dumpsters outside the headquarters of Goldman Sachs. When he was caught, he was in the midst of trying to piece together various shredded emails to see if he could find any use of the word Muppet; his hands were bloodied with paper cuts and piles of staples and paper clips surrounded him like little mountains. Goldman Sachs agreed to let Gasparino go on the condition that he would give up

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Charlie Gasparino Doing Serious Investigative Work Into Goldman Sachs MuppetGate

Apr 11, 2012
J. Webster
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I don't know what's worse here, Goldman Sachs actually investigating to see if any of their employees are calling clients Muppets, or that Fox Business reporter Charles Gasparino is still investigating whether or not Goldman Sachs employees are calling employees Muppets. And what's even more comical is that Goldman Sachs isn't really doing this due diligence investigation, they're just playing a trick on Charlie. I can picture CEO Lloyd Blankfein telling his tech department just to say they've come up with some algorithm to search out emails for the use of word Muppet. Or maybe they've enlisted Google to

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Possible Titles of Greg Smith’s New Book

Mar 30, 2012
J. Webster
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Yes, Greg Smith is writing a book about the 12 years he spent making loads of money working at Goldman Sachs. But there was a point where Smith got tired of making all that money and he felt the culture had changed. He felt Goldman no longer cared about clients. He wanted no more of the calling clients Muppets business. That's when he quit and famously went on to write the gutsy NY Times Op-Ed piece. The new book is going to turn out to be a nice bread winner for Smith, as in a whopping $1.5 million

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Goldman Sachs Not Just Scanning Emails for “Muppets”

Mar 22, 2012
J. Webster
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So, like yeah, Goldman Sachs is scanning emails for the term "Muppet", which is the word legendary New York Times Op-Ed writing former Goldman Sachs employee, Greg Smith, said executives used to describe less than smart clients. The implication was that "Muppets" were clients who could be duped, suckered, and used, more or less. These "Muppets" were clients who might buy a bunch of mortgage-backed securities that were worthless. However, it seems "Muppet" or "Muppets" aren't the only terms being scanned these days by the vampire squid's tentacles. Here are a few more words or phrases

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