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Goldman, Beaten But Unbowed

Fri Nov 20th, 2009

Josh Lipton

More than most, the PR department at Goldman Sachs (GS) must be looking forward to the weekend: It just spent the last few days getting pummeled like Apollo Creed. Today, the hits kept right on comin

Why Cutting Pay Will Make Goldman Bankers Richer

Fri Nov 20th, 2009

Michael Comeau

Should Goldman Sachs (GS) pay its vaunted legions of bankers and traders less money?According to the Wall Street Journal, some of the dominant global investment bank's major shareholders are answerin

The Bipolar World of Financial Institution Accounting

Thu Nov 19th, 2009

Minyan Peter Atwater

Peter,Earlier this week, on CNBC, banking analyst Meredith Whitney said, “I think that the call this year, the trade this year has been short the regional banks and go long the capital market

Six Reasons We Need the Rich

Thu Nov 19th, 2009

Scott Reeves

Novelist F. Scott Fitzgerald, best known for chronicling the rich in The Great Gatsby, supposedly said to Ernest Hemingway, “The rich are different than you and me.”To which Hemingway rep

How to Get Big Returns From Small Stocks

Wed Nov 18th, 2009

Josh Lipton

A 40-year veteran of small-cap investing, Bill Nasgovitz never used to concern himself much with the broader macro picture of the US economy. A dedicated, bottoms-up value investor, Nasgovitz simply

Rags to Riches CEOs: Ken Lewis

Wed Nov 18th, 2009

Justin Rohrlich

Recently, the government’s Pay Czar, Kenneth Feinberg, “suggested” that outgoing Bank of America (BAC) CEO Ken Lewis should take home $0 in salary for 2009, and receive a bonus of e

Rags to Riches CEOs: Angelo Mozilo

Wed Nov 18th, 2009

Josh Lipton

In 2005, Barron’s called him one of the 30 best CEOs in the world. Then Fortune placed his firm on its list of “Most Admired Companies”. One year later, American Banker presented hi

Four Reasons Mexico Is the New China

Fri Nov 13th, 2009

Keith Fitz-Gerald

When it comes to global manufacturing, Mexico is quickly emerging as the “new” China.According to corporate consultant AlixPartners, Mexico has leapfrogged China to be ranked as the cheap

Why Citigroup Looks Lucky to Have Pandit

Thu Nov 12th, 2009

Megan Barnett

Many people never thought this day would come. Citigroup’s (C) employees and shareholders -- and by definition, taxpayers -- are fortunate to have Vikram Pandit at the helm of the struggling ba

The Washington Chainsaw Massacre

Mon Nov 9th, 2009

Minyan Peter Atwater

If you listen closely, you can almost hear “Gentlemen, start your chainsaws,” as regulators and politicians in Washington begin to contemplate the fate of our “too big to fail&rdquo
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