Complete coverage on

Goldman Sachs Group Inc.

Investors have thought twice and decided it's not alright to take up an unusual bond offering backed by royalties from songs penned by Bob Dylan and other musicians.

Latest Stories

No 'viable basis' to prosecute Goldman, Justice Department says updated: Thu Aug 09 2012 22:41:00

The Justice Department says after a "careful review" it has determined there is no basis for bringing a criminal prosecution against Goldman Sachs or its employees in regard to allegations set forth in a congressional report.

These modern whistle-blowers don't get itupdated: Mon Mar 19 2012 08:35:00

Back when I was a kid, they were called "whistle-blowers": employees of corrupt companies or government agencies, who went to the press with shocking stories of criminality or abuse.

CNNMoney: Goldman exec quits, calling firm 'toxic'updated: Fri Mar 16 2012 10:37:00

A Goldman Sachs executive has resigned in a very public manner -- calling the firm "toxic" and disrespectful of its clients in a scathing op-ed piece published in Wednesday's New York Times.

MYB: Goldman Sachs op-ed sinks stocksupdated: Thu Mar 15 2012 10:18:00

Christine Romans explains the effects of a scathing op-ed in the New York Times from a former Goldman Sachs employee.

What's really wrong with Goldman Sachsupdated: Thu Mar 15 2012 10:18:00

Greg Smith left Goldman Sachs yesterday. After more than a decade at the firm, the executive left in a bit of a huff.

Attack on Goldman Sachs misfiresupdated: Wed Mar 14 2012 17:24:00

The financial world is in an uproar about the New York Times opinion piece by Greg Smith, a former vice president in Goldman Sachs' equity derivatives business.

CNNMoney: Why investors should be leaving big bank stocksupdated: Wed Mar 14 2012 13:03:00

Bank stocks surged Tuesday ... before the Federal Reserve officially handed out gold stars and demerit badges to the top 19 financial institutions.

CNNMoney: Goldman's Blankfein endorses same-sex marriageupdated: Mon Feb 06 2012 10:04:00

Goldman Sachs CEO Lloyd Blankfein has recorded a commercial endorsing the right to same-sex marriage, becoming one of the highest profile corporate executives to weigh in on the controversial campaign.

CNNMoney: Stocks: Goldman, Greece, IMF in focusupdated: Thu Jan 19 2012 10:37:00

U.S. stocks were headed for a modestly higher open Wednesday, following reports that the International Monetary Fund may boost its bailout fund to contain Europe's debt crisis.

CNNMoney: Stocks boosted by Europe, Goldmanupdated: Wed Jan 18 2012 16:53:00

U.S. stocks advanced to six-month highs Wednesday as investors welcomed the International Monetary Fund plan to boost its bailout fund to contain Europe's debt crisis.

CNNMoney: Goldman Sachs posts $1 billion profitupdated: Wed Jan 18 2012 13:02:00

Goldman Sachs reported a fourth-quarter profit of about $1 billion on Wednesday, reversing a loss from the third quarter and topping expectations. But the company's revenue declined from a year ago and missed analysts' forecasts.

CNNMoney: Banks start 2012 with a bang. Why?updated: Tue Jan 03 2012 13:18:00

Big bank stocks ushered in the New Year by doing something they rarely did in 2011 ... leading the market higher.

CNNMoney: Goldman Sachs upgrades BlackBerry makerupdated: Wed Nov 16 2011 13:03:00

With crude oil trading above $100 per barrel for the first time in 5 months, it is pushing news from Europe's debt crisis on the back burner, at least for now.

CNNMoney: Ex-Goldman director indicted in insider caseupdated: Wed Oct 26 2011 18:00:00

Former Goldman Sachs and Procter & Gamble director Rajat Gupta was indicted on insider trading charges Wednesday, U.S. prosecutors say.

CNNMoney: Occupy Wall Street reacts to Goldman Sachs payupdated: Thu Oct 20 2011 14:06:00

Goldman Sachs has set aside $10 billion for staff pay so far this year, or roughly $292,000 per employee. That's down $78,000 from last year.

CNNMoney: Big banks: Everyone hates our debt. Yay, us!updated: Wed Oct 19 2011 13:52:00

Big banks are engaging in a kind of accounting doublespeak that would make George Orwell blush.

CNNMoney: Big bonuses alive on Wall Street. Why?updated: Tue Oct 18 2011 19:15:00

If a company discloses that its profits plunged by nearly 75%, why are its compensation expenses only down about 25%?

CNNMoney: Goldman Sachs reports first loss since 2008updated: Tue Oct 18 2011 10:42:00

Goldman Sachs reported a larger-than-expected quarterly loss Tuesday as volatile financial markets took a toll on the bank's investment portfolio.

CNNMoney: Stocks head for mixed openupdated: Tue Oct 18 2011 09:11:00

U.S. stocks geared up for a mixed open Tuesday, as investors mull over more company earnings, a faster-than-expected rise in producer prices and slower Chinese economic growth.

CNNMoney: Volcker rule raises more questionsupdated: Tue Oct 11 2011 05:36:00

The latest rule aimed at limiting the types of bets that put the global financial system in peril in 2008 remains murky, at best.

CNNMoney: For Goldman's Blankfein, is chairman one title too many?updated: Wed Sep 14 2011 14:53:00

Goldman Sachs Chief Executive Lloyd Blankfein is facing pressure from an activist shareholder group to relinquish his title as chairman of the board.

CNNMoney: Brace for profit forecasts to be reeled inupdated: Tue Sep 06 2011 05:53:00

Corporate America's strong earnings have been pushing stocks higher for more than two years now, but there are early signs that the momentum many companies have had in this miserable economy is beginning to fade away.

CNNMoney: Banks take it on the chin ... againupdated: Fri Sep 02 2011 18:55:00

Bank stocks sank Friday amid reports that federal housing authorities were planning to sue several financial firms for allegedly misrepresenting the value of mortgage-backed securities. And indeed, after the market closed the government agency that oversees Fannie Mae and Freddie Mac filed suit against 17 big financial institutions.

CNNMoney: Goldman Sachs slapped over robo-signingupdated: Fri Sep 02 2011 06:56:00

The Federal Reserve sanctioned Goldman Sachs on Thursday, saying the investment bank must investigate questionable lending and foreclosure practices in its former mortgage unit.

CNNMoney: The zombie banks are backupdated: Wed Aug 24 2011 05:34:00

I don't come to praise the big banks. But I am not here to bury them either -- even though several of the larger banks are looking suspiciously zombie-like again.

CNNMoney: UBS to cut 3,500 jobsupdated: Tue Aug 23 2011 07:48:00

Swiss bank UBS said Tuesday that it is reducing its staff by 3,500 jobs, including some reductions in the United States, through a mixture of layoffs and "natural attrition."

CNNMoney: Goldman Sachs CEO lawyers upupdated: Mon Aug 22 2011 17:39:00

Goldman Sachs CEO Lloyd Blankfein has retained the services of prominent defense attorney Reid Weingarten.

CNNMoney: Goldman Sachs sued by credit union watchdogupdated: Tue Aug 09 2011 16:09:00

A federal watchdog for the credit union industry slapped Goldman Sachs with a lawsuit on Tuesday, alleging violations of federal and state laws tied to the sale of mortgage-backed securities.

CNNMoney: Libya placed bets with Goldman, lost $1.3 billionupdated: Tue May 31 2011 16:39:00

Goldman Sachs managed $1.3 billion worth of trades in currencies and other investments for the Libyan Investment Authority in 2008, according to a report published Tuesday.

CNNMoney: Goldman Sachs cuts S&P 500 outlookupdated: Thu May 26 2011 12:34:00

Goldman Sachs cut its year-end target for the S&P 500 and trimmed back its outlook for 2012 earnings.

CNNMoney: Oil is going up! No wait, down! Up!updated: Wed May 25 2011 13:13:00

It's Goldman Sachs' market. We're all just living in it.

CNNMoney: Uh-oh. Will Goldman kill the dollar too?updated: Thu May 19 2011 15:19:00

Editor's note: The following column is NOT about LinkedIn. Sorry. But we do need some counter programming today.

CNNMoney: Wall Street banks face New York mortgage probeupdated: Tue May 17 2011 12:16:00

New York's attorney general is investigating three Wall Street banks for their roles in the mortgage crisis that led to the downfall of the economy, according to a source familiar with the situation.

CNNMoney: Stocks close flat as oil rises againupdated: Thu Apr 14 2011 16:45:00

U.S. stocks ended Thursday's session mostly flat, erasing earlier losses as commodities and energy stocks climbed higher. The gains in oil offset weakness in the banking and technology sectors.

CNNMoney: Goldman blasted for conflicts of interestupdated: Thu Apr 14 2011 09:40:00

A Senate panel issued a scathing report Wednesday that describes Goldman Sachs as a "case study" of the recklessness and greed on Wall Street that set off the 2008 financial crisis.

CNNMoney: Investors still hate Goldman Sachsupdated: Tue Apr 12 2011 13:09:00

About this time a year ago, few people on Wall Street knew who Fabrice Tourre was. That was all about to change very quickly.

Fortune: Goldman's fund chief eyes global growthupdated: Thu Mar 31 2011 13:07:00

Opportunities are often born out of crises. Just ask Eileen Rominger, 55, chief investment officer of Goldman Sachs Asset Management.

CNNMoney: GOP spending cuts would hit economy hardupdated: Thu Feb 24 2011 10:27:00

The more federal spending Congress slashes this year, the greater the potential drag on economic growth, according to a new analysis from Goldman Sachs.

CNNMoney: Goldman nabbed $3 billion in AIG bailoutupdated: Thu Jan 27 2011 14:36:00

Goldman Sachs received nearly $3 billion from AIG for "proprietary" transactions after the insurance company had been bailed out by the government, according to a federal inquiry.

Fortune: What's so great about working at Goldman?updated: Thu Jan 27 2011 10:23:00

The past 12 months have undoubtedly had Goldman Sachs wishing for an invisibility cloak. The bank was sued by the SEC for trading activities, vilified by Congress, and its bonus figures became a lightning rod for Main Street criticism. And that was just 2010 -- already this year it's been lambasted for its bungled Facebook share offering.

CNNMoney: Facebook raises $1.5 billionupdated: Sat Jan 22 2011 09:44:00

Confirming reports that have swirled for weeks, Facebook said Friday that it has raised $1.5 billion from Goldman Sachs and Digital Sky Technologies. The investment gives the company a valuation of approximately $50 billion.

CNNMoney: Stocks stumble after Goldman Sachs earningsupdated: Wed Jan 19 2011 16:57:00

U.S. stocks took a hit Wednesday, as weak results from Goldman Sachs pressured financial shares and weighed on the overall market.

Fortune: Goldman Sachs's gift to 10,000 small businessesupdated: Tue Jan 18 2011 12:20:00

In late 2009, just as Goldman Sachs was being widely slammed for showering billions in bonuses on its employees after receiving a massive federal bailout during the financial crisis, the investment bank announced -- coincidentally or not -- that it was committing $500 million over five years to help small businesses in distressed urban and rural communities across America. Called "10,000 Small Businesses," the program would combine practical business training with loans delivered through community lending institutions. Goldman assembled a distinguished advisory board led by Berkshire Hathaway chairman Warren Buffett, the bank's biggest investor, and Harvard Business School professor Michael Porter, who is well-known for his research on inner city entrepreneurship. The program then dropped out of the news.

CNNMoney: Sorry, Americans: Goldman kicks U.S. clients out of Facebook dealupdated: Mon Jan 17 2011 16:35:00

Goldman Sachs' American clients looking to buy Facebook shares through the company's exclusive and highly publicized private placement deal are out of luck.

Facebook hype will fadeupdated: Fri Jan 07 2011 12:05:00

All signs for Facebook appear to be pointing up.

CNNMoney: Stocks poised to start year higherupdated: Mon Jan 03 2011 08:52:00

U.S. stocks were poised to kick off the new year with gains Monday, as investors returned from the holidays and awaited a key report on manufacturing. Dow Jones industrial average, S&P 500 and Nasdaq futures were higher ahead of the opening bell. Futures measure current index values against perceived future performance. Stocks ended a roller coaster year with a lackluster showing Friday, but all three major indexes logged double-digit percentage gains for the year. The Dow Jones industrial average finished 2010 up 11%, the S&P 500 climbed 13%, and the Nasdaq rose 17%.

CNNMoney: 5 stocks on Santa's naughty listupdated: Wed Dec 22 2010 15:51:00

This was not a banner year for Corporate America. Or Corporate Japan. Or Corporate England.

CNNMoney: Goldman Sachs: All is forgiven?updated: Fri Nov 19 2010 12:58:00

"Doing God's work" is once again a business that investors love.

CNNMoney: Big business and Wall Street bet on GOPupdated: Mon Sep 13 2010 11:11:00

Banks, investment firms and hedge funds are giving millions of dollars more to Republicans, and abandoning the Democrats they had been supporting just a year ago.

CNNMoney: U.K. fines Goldman $27 million in 'Fab' caseupdated: Thu Sep 09 2010 08:50:00

Britain's Financial Services Authority said Thursday it has fined Goldman Sachs International nearly $27 million for not disclosing its investigation by the U.S. Securities and Exchange Commission.

CNNMoney: Big bank bloodbath fears. They're ba-ack!updated: Wed Sep 08 2010 14:51:00

Have you looked at how big bank stocks have done in the past few months? If so, you can be forgiven if you break into a cold sweat and start worrying about a repeat of the fall of 2008.

Fortune: Political ads, brought to you by Goldman Sachs?updated: Thu Aug 12 2010 15:08:00

More than seven months after it was handed down, the Supreme Court's ruling that rolled back limits on corporate participation in elections remains mired in controversy.

CNNMoney: Goldman's imperfect quarterupdated: Mon Aug 09 2010 09:58:00

After making money on every single trading day during the first three months of the year, Goldman Sachs lost money trading stocks and bonds on 10 days in the second quarter, regulatory filings showed Monday.

Fortune: My own private Goldman testimonyupdated: Tue Jul 27 2010 12:33:00

I was not asked to testify at the recent hearings of the Senate Permanent Subcommittee on Investigations, probably because I've never worked at Goldman Sachs or anywhere else on Wall Street, or had any involvement whatsoever in the market for synthetic CDOs, all-natural CDOs, or subprime mortgages of any kind. Nonetheless, had I been invited, I would have been pleased to respond to some of the Senators' remarks as follows:

CNNMoney: Wall Street stages a comebackupdated: Tue Jul 20 2010 17:09:00

Stocks closed higher Tuesday, recovering from steep loses earlier in the session, as investors looked forward to earnings from Apple and speculated about possible moves by the Federal Reserve.

CNNMoney: Goldman earnings take a tumbleupdated: Tue Jul 20 2010 12:56:00

Goldman Sachs' profit tumbled 82% in the latest quarter, the company said Tuesday, as market turbulence and a recent settlement with the Securities and Exchange Commission kept a lid on results.

CNNMoney: Goldman's 'Fab': I didn't do anything wrongupdated: Tue Jul 20 2010 08:56:00

The Goldman Sachs trader at the center of a deal that led to the firm's recent settlement with the SEC has asked a federal district court to dismiss fraud charges against him.

CNNMoney: Goldman settlement won't help earningsupdated: Mon Jul 19 2010 04:11:00

Now that Goldman Sachs has likely put its troubles with the Securities and Exchange Commission behind it, can the company finally breathe a sigh of relief?

CNNMoney: Goldman's next headacheupdated: Fri Jul 16 2010 12:56:00

The SEC is getting a pat on the back for earning a "victory" in the Goldman Sachs fraud case.

CNNMoney: Goldman settles with SEC for $550 millionupdated: Fri Jul 16 2010 06:01:00

Goldman Sachs paid $550 million to settle charges of defrauding investors in a sale of securities tied to subprime mortgages, the Securities and Exchange Commission said Thursday.

CNNMoney: The tale of Goldman's fraud chargesupdated: Thu Jul 15 2010 18:23:00

In a 22-page complaint filed April 16, the Securities and Exchange Commission charged Goldman Sachs with defrauding investors on real estate securities likely to go bust.

CNNMoney: AIG villain: I would have saved taxpayers moneyupdated: Wed Jun 30 2010 19:26:00

Joseph Cassano, the man who ran the business at the center of AIG's collapse, spoke unapologetically about his tenure during a hearing Wednesday, suggesting he could have perhaps helped save the insurance giant had he been allowed to stay on at AIG.

CNNMoney: Wall Street dodges bullet on derivativesupdated: Fri Jun 25 2010 12:36:00

It's a brave new world for the derivatives market. Or is it?

CNNMoney: New low for Goldman Sachs stock as legal problems mountupdated: Thu Jun 10 2010 14:09:00

Goldman Sachs' legal troubles just keep piling up -- and it's becoming a bigger headache for the investment bank and its shareholders.

CNNMoney: Goldman Sachs needs to settle NOW!updated: Wed Jun 09 2010 15:02:00

Earth to Lloyd Blankfein: The jig is up for Goldman Sachs. It's time to settle with regulators before any more damage to the severely wounded stock is done.

CNNMoney: Goldman Sachs subpoenaed by crisis panelupdated: Mon Jun 07 2010 19:30:00

A government panel charged with examining the financial crisis said Monday it had subpoenaed Goldman Sachs after what it believed were deliberate attempts by the banking giant to impede its investigation.

Fortune: Would we hate Goldman Sachs less if it had ATMs?updated: Fri Jun 04 2010 14:54:00

With all the public fury aimed at Goldman Sachs these days, it should come as no surprise that an employee or two of the storied investment bank wishes that things were somehow ... different.

CNNMoney: Are big banks dead in the water?updated: Wed May 12 2010 13:58:00

Like sharks drawn to fresh blood in the water, it seems that federal regulators have a ravenous appetite and they are set to pounce on big banks.

CNNMoney: Goldman settlement with SEC could be costlyupdated: Wed May 12 2010 03:31:00

If you can't fight the federal government, you may as well pay 'em. Especially if you're Goldman Sachs.

Fortune: Goldman Sachs' moral obligation to Wall Streetupdated: Tue May 11 2010 14:17:00

After much fanfare, the shareholder meeting at Goldman Sachs ended Friday, much as the world ends in T.S. Elliot's, The Hollow Men: "Not with a bang but a whimper."

CNNMoney: Goldman warns of more investigationsupdated: Mon May 10 2010 11:35:00

Goldman Sachs provided a more detailed view of its legal troubles Monday, acknowledging it faces a series of government probes over some of its business dealings.

CNNMoney: Goldman's Blankfein staying putupdated: Fri May 07 2010 16:37:00

Goldman Sachs Lloyd Blankfein secured a much-needed victory at the company's annual shareholder meeting Friday -- winning the support of his investors.

CNNMoney: AIG swings to profitupdated: Fri May 07 2010 11:17:00

Troubled insurer AIG reported a quarterly profit Friday, as the company's core insurance businesses continued to stabilize.

CNNMoney: Goldman braces for shareholder furyupdated: Fri May 07 2010 10:26:00

Hell may hath no fury like shareholders of Goldman Sachs scorned.

Fortune: 6 simple steps to really fix Wall Street: Full versionupdated: Wed May 05 2010 18:14:00

The first thing you learn when you start looking at Wall Street, which I've been doing for 40 years, is to never trust the salesmen. What they promise you isn't necessarily what you get. You need to use common sense, watch out for your own interests, and at least make an attempt to understand the fine print.

CNNMoney: Goldman clients staying putupdated: Wed May 05 2010 03:38:00

It has been nearly three weeks since the federal government stunned Wall Street by bringing civil fraud charges against Goldman Sachs.

Fortune: Where's the outrage over Goldman Sachs's other mortgage foray?updated: Tue May 04 2010 17:38:00

Back in 2007, before Goldman Sachs had become a 24/7 whipping boy, my colleague, Doris Burke, and I wrote an article showing how Goldman had peddled a particularly wretched issue of mortgage-backed securities to its customers, and had also bet against the kind of mortgages that made up the securities.

Fortune: 4 ways to tell if Lloyd Blankfein's days are numbered at Goldman Sachsupdated: Tue May 04 2010 12:27:00

If you believe the betters at Intrade, Goldman Sachs CEO Lloyd Blankfein has a 75% chance of keeping his job through the end of the year. But unless you're on the Goldman board, how do you really know? By combing through recent corporate history, we found some warning signs that a CEO is being fitted for his parachute. Here are four that might signal change is in the air.

CNNMoney: Goldman Sachs has mounting legal woesupdated: Mon May 03 2010 13:18:00

Goldman Sachs' legal headaches don't start and end with the Securities and Exchange Commission.

Fortune: How can succession planning help save Goldman?updated: Mon May 03 2010 13:12:00

The Goldman Sachs hearings on Capitol Hill were painful to watch for many reasons. Lloyd Blankfein, Goldman's CEO, was questioned closely by Senator Carl Levin concerning Goldman's duties to clients. Senator Levin's frustration grew as Mr. Blankfein concentrated his answers on the firm's responsibilities related to trading and market-making, rather than exhibiting a firm grasp on the distinctions in roles the firm plays with its clients in other areas, such as underwriting and asset management.

CNNMoney: Stocks set for early gainsupdated: Mon May 03 2010 06:57:00

U.S. stocks were set for a higher open Monday, as investors mulled a major deal in the airline sector and awaited a batch of economic reports.

Fortune: Buffett backs Goldman Sachsupdated: Sat May 01 2010 12:55:00

Warren Buffett offered his strongest defense yet of Goldman Sachs, saying he doesn't believe the investment bank acted improperly in a sale of subprime-related securities at the heart of a Securities and Exchange Commission fraud case.

CNNMoney: Goldman shares tumble on "sell" ratingupdated: Fri Apr 30 2010 16:24:00

Goldman Sachs stock tumbled Friday after a pair of analysts cut their rating on the firm amid reports of a federal criminal investigation into the Wall Street investment bank.

CNNMoney: Bad news for Goldman and Greece, good for bondsupdated: Fri Apr 30 2010 16:23:00

Treasury prices rose Friday, as investor worries grew about Greece's aid package and a credit rating agency downgraded Goldman Sachs stock.

CNNMoney: Forget Goldman. Buy gold, man?updated: Fri Apr 30 2010 15:58:00

The financial story of the week was clearly the epic Goldman Sachs hearing in the Senate.

Fortune: How Carl Levin got Goldman Sachs's goatupdated: Fri Apr 30 2010 15:21:00

At Tuesday's epic Goldman Sachs hearing, Senator Carl Levin of Michigan led a public grilling of Wall Street not seen by a government panel since the Depression-investigating Pecora Commission. Fortune wanted to know what Levin thought of the answers he got from executives, including CEO Lloyd Blankfein, whether Goldman can save its reputation, and what his committee has learned from its hearings on the financial crisis.

CNNMoney: Feds begin criminal probe into Goldman - reportsupdated: Fri Apr 30 2010 15:19:00

Federal prosecutors are reportedly looking into whether Goldman Sachs has committed securities fraud.

Fortune: What Goldman Sachs can learn from Wal-Martupdated: Thu Apr 29 2010 13:23:00

Goldman Sachs has a public relations problem; of that there is no doubt. Even to those of us who found some of the questions in Monday's Senate hearings as baffling as Goldman's own executives did -- and felt bizarre sympathy at their struggles to answer a number of questions that seemed remarkably off point and ill-worded -- it's nevertheless difficult to miss the whiff of moral bankruptcy hanging about the place.

Fortune: Always bet on Blankfeinupdated: Wed Apr 28 2010 13:27:00

If you want to know how Lloyd Blankfein is hanging in these days, you could read the SEC complaint against Goldman Sachs, which accuses his firm of fraud. You could watch the late night hosts tee off on yesterday's ten-hour Senate grilling of the Goldman CEO and his underlings. You could scan the emails released by that committee in which Goldman execs verbally cavort over the steal they think they are getting away with. But none of those is as coldly efficient as the mechanism Goldman Sachs itself uses to learn about and profit on the world around it: the markets.

CNNMoney: Is Goldman evil or just doing its job?updated: Wed Apr 28 2010 12:11:00

The Goldman Sachs Senate hearing is finally over, but people are still chatting about whether Tuesday's verbal dressing down of Lloyd Blankfein and other Goldman executives was justified or a case of overkill.

CNNMoney: Goldman execs: We didn't do anything wrongupdated: Tue Apr 27 2010 21:21:00

Top Goldman Sachs representatives -- including CEO Lloyd Blankfein -- attempted to deflect criticism Tuesday as they faced a blistering cross-examination from lawmakers about the firm's role in the financial crisis.

CNNMoney: Goldman stock ends higherupdated: Tue Apr 27 2010 17:33:00

Goldman Sachs shares gained Tuesday even as lawmakers grilled the Wall Street firm's executives on the role investment banks played in the financial meltdown and on a day the broader stock market tumbled.

CNNMoney: What Congress has in store for Goldmanupdated: Tue Apr 27 2010 16:36:00

Goldman Sachs has more to fear on Capitol Hill than a grilling.

CNNMoney: Goldman trader: 'The only potential survivor'updated: Tue Apr 27 2010 15:34:00

The e-mail messages Fabrice Tourre sent to a girlfriend in late 2007 make it clear that the glib and sometimes arrogant 28-year-old trader was fully aware that the financial "monstruosities" he helped create at Goldman Sachs were entirely bunk.

CNNMoney: Why you don't care about Goldman Sachsupdated: Tue Apr 27 2010 15:10:00

Goldman Sachs is getting lambasted in front of Congress today over its role in the financial crisis, specifically the SEC's allegations of fraud involving a subprime mortgage investment that tanked.

When short selling is goodupdated: Tue Apr 27 2010 15:07:00

Pity the poor short-seller. Seriously. That much-maligned creature gets no love at the best of times, and these days are more like the worst.

Fortune: Casino capitalism on trialupdated: Tue Apr 27 2010 14:23:00

Goldman Sachs executives can dodge and weave all they want. Casino capitalism, the institution that made Wall Street rich at the expense of everyone else, is finally getting the grilling it deserves.

We recommend