Tag: GOLDMANSACHS

It's no secret that Goldman Sachs wants to cozy up with Facebook, but it looks like both parties will have to put wedding plans on hold, as the bank has suffered a major blow to its carefully laid investment plans. After investing $450 million in the social network earlier this month, Goldman reportedly turned its attention to raising an additional $1.5 billion from its top clients through an ...

Due to Facebook's astronomical ascent over the last several years, demands for the site to open its fiercely protected financial records have intensified. According to CNET, those calls may soon be heeded. Goldman Sachs, which just dropped $500 million in the Facebook coffers, has apparently been privately offering sweet Facebook stock deals to its "deep-pocketed clients." If more than 500 ...

DealBook is reporting that Facebook has received $500 million from Goldman Sachs and another Russian firm, as part of a deal that valued the social network at $50 billion. That valuation places Mark Zuckerberg's company ahead of eBay, Yahoo and Time Warner, and may put some additional pressure on Zuck to finally take Facebook public. When he does, expect Goldman to be by his side. ...

Well, it looks like Wall Street's finally cleaning up its game. Don't misunderstand; investment bankers will still find new and unctuous ways to make money in a thin economy. But, from now on, employees at one gilded corporation will be forced to use slightly less colorful language when sending celebratory e-mails about their year-end bonuses. According to the Wall Street Journal, bigwigs at ...

The owner and operator of GoldmanSachs666.com, Mike Morgan clearly makes no effort to cover up his distaste for the Goldman Sachs Group. In fact, the Floridian's hatred for the financial firm runs so deep that he recently turned down an anonymous $2 million offer for the rights to the Web site, according to DailyFinance. Morgan started the site after he became outraged by the federal ...