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Topic: Goldman Sachs

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	Goldman, Sachs & Co.: Lit. Rel. No. 18113 / April 28, 2003
		Goldman Sachs compensated its analysts based at least in part upon their participation in the firm's investment banking-related activities.
		Goldman Sachs analysts participated in investment banking marketing efforts, including working with investment bankers to prepare "pitch" materials and in some cases attending the pitch meetings.
		Goldman Sachs also has agreed as part of this settlement to retain, at its own expense, an Independent Monitor to conduct a review to provide reasonable assurance that the firm is complying with the structural reforms.
	www.sec.gov /litigation/litreleases/lr18113.htm (1037 words)

	AlterNet: Environment: The Greening of Goldman Sachs
		While Goldman Sachs explained that it had simply acted on a "rare opportunity for the firm to benefit global conservation," many people found it hard to trust such a gesture of generosity from a financial institution.
		Goldman Sachs is positioning itself to be a leader in the green energy sector.
		Maybe Goldman Sachs is the "gold standard" in investment firms for the same reason that it is forward-looking in its sensitivity to environmental concerns: that the leadership of the company is using its brains.
	www.alternet.org /envirohealth/29901 (2120 words)

	Goldman Sachs: Oil Could Spike to $105 \| EnergyBulletin.net \| Peak Oil News Clearinghouse
		Goldman Sachs is the biggest trader of energy derivatives, and its Goldman Sachs Commodities Index is a widely-watched barometer of energy and commodities prices.
		Goldman pointed out thin spare capacity in the energy supply chain, and long response times for bringing on supply additions, as well as robust demand in the United States and in developing heavyweights China and India, despite the recent rapid increase in energy costs.
		Goldman said that were it to assume gasoline spending needed to reach 1970s levels to destroy demand, its upside super-spike estimate would be $135 per barrel for New York crude.
	www.energybulletin.net /5017.html (679 words)

	The Goldman Sachs Foundation
		The Goldman Sachs Foundation is a global philanthropic organization funded by The Goldman Sachs Group, Inc. The Foundation's mission is to promote excellence and innovation in education and to improve the academic performance and lifelong productivity of young people worldwide.
		It achieves this mission through a combination of strategic partnerships, grants, loans, private sector investments, and the deployment of professional talent from Goldman Sachs.
		By drawing upon the firm's leadership development expertise and commitment to education, the Foundation is able to maximize the impact of its investments.
	www2.goldmansachs.com /foundation (188 words)

	Marque Goldman sachs actualités sur Monoculture, Toute l'actualité des Marques et des ...
		GOLDMAN SACHS POSITIF SUR RENAULT, NÉGATIF SUR PEUGEOT
		Goldman Sachs abaisse son objectif de cours de 115 à 105 euros sur Schneider.
		Goldman Sachs affiche un bénéfice supérieur aux attentes au 3e...
	www.monoculture.com /Marque-GOLDMAN-SACHS-000780.html (1050 words)

	Goldman Sachs
		Goldman Sachs had a heritage, and he was on the side of preserving it.
		Culture at Goldman Sachs was passed from one generation to the next and John along with his father Sidney had been the firm's two greatest culture carriers.
		Goldman Sachs had struggled for decades to rise above its competitors on the second and third rungs of investment banking, and by the 1980s it had achieved this goal through strict adherence to the firm's core values.
	www.businessweek.com /chapter/endlich.htm (7585 words)

	Goldman Sachs profit surges on strong gains in almost every business - USATODAY.com (Site not responding. Last check: )
		Goldman capped what is expected to be a record year for Wall Street as net income surged 93% to $3.15 billion, or $6.59 a share, for the three months ended Nov. 24, from $1.63 billion, or $3.35, in the year-ago period.
		Goldman's profit beat the average analyst estimate of $6.36 a share for the quarter, even after analysts increased their forecasts multiple times in recent months.
		For the year, Goldman earned an all-time high $9.54 billion, more than the previous two years combined and its fourth straight year of record results, contributing to a stellar return on equity of 33% for the year.
	www.usatoday.com /money/companies/earnings/2006-12-12-goldmanearnings_x.htm (688 words)

	The Firm: Inside Goldman Sachs - Independent Online Edition > Business Analysis & Features (Site not responding. Last check: )
		Clearly, a compensation for those Goldman Sachs widows who see less of their husbands than they would like, is that many of their household chores are taken care of.
		When staff leave Goldman's, it is usual to retire rather than to work for another bank (although some, such as Gavyn Davies, the former chairman of the BBC, and Paul Deighton, the chief executive of the London 2012 organising committee, have subsequently gone into public life in Britain.
		Goldman's may be primarily a money-making outfit - and a prodigiously good one at that - but it does its best to encourage its employees to think in the long-term.
	news.independent.co.uk /business/analysis_and_features/article2073171.ece (2046 words)

	Goldman Sachs Communacopia XIII Conference
		Investors should assume that The Goldman Sachs Group, Inc. and/or its affiliates are seeking or will seek investment banking or other business from the company or companies that are the subject of this material and that the research professionals who were involved in preparing this material may participate in the solicitation of such business.
		The Goldman Sachs Group, Inc. generally prohibits its analysts, persons reporting to analysts, and members of their households from maintaining a financial interest in the securities or futures of any companies that the analysts cover.
		Goldman Sachs International and its non-US affiliates may, to the extent permitted under applicable law, have acted on or used this research, to the extent that it relates to non-US issuers, prior to or immediately following its publication.
	customer.talkpoint.com /GOLD006/100504a_mk/agenda.asp?day=Tuesday (911 words)

	CNN.com - Report: Goldman Sachs plans to cut 300-400 jobs - Oct. 10, 2001
		NEW YORK (CNNmoney) -- Goldman Sachs Group Inc. plans to cut hundreds of jobs, according to a published report Wednesday, which would make it the latest brokerage to shed jobs in response to a sluggish market environment.
		Goldman Sachs, which employs more than 23,000 workers, plans to cut between 300 and 400 positions soon and will probably meet next week to discuss the cuts, the Wall Street Journal reported.
		Goldman Sachs is unlikely to cut as many jobs as Credit Suisse, according to analysts.
	edition.cnn.com /2001/BUSINESS/10/10/goldman.cuts/index.html (262 words)

	Gulfnews: Leading Goldman Sachs (Site not responding. Last check: )
		An hour before Goldman Sachs was to report the most profitable year in Wall Street history, Lloyd Blankfein, its chief executive, gathered senior employees in an auditorium in lower Manhattan.
		In 1994, Blankfein was named Goldman's co-head of commodities and in 1997 moved to London as co-head of fixed income where he helped manage the bank's response to the 1998 financial crisis.
		Goldman is paying an average of $620,000 to its 26,500 staff this year.
	archive.gulfnews.com /articles/06/12/19/10090722.html (1169 words)

	BBC NEWS \| Business \| Goldman's £8bn Christmas jackpot
		Goldman Sachs is to pay its staff more than £8bn ($15bn) in salaries, benefits and Christmas bonuses this year.
		Goldman reported a 93% jump in fourth quarter profits to a record $3.15bn, bringing its annual earnings for the year to $9.54bn.
		Goldman was the first of the major investment banks to report its full-year results.
	news.bbc.co.uk /1/hi/business/6174835.stm (286 words)

	Earnings Preview: Goldman Sachs - Boston.com
		Goldman Sachs Group Inc., the nation's biggest investment bank, reports fiscal first-quarter earnings on Tuesday before the opening bell.
		Goldman has reported record earnings and revenue for the past three years, but 2007 could be more difficult.
		Goldman is said to have little exposure in the subprime market, while others on Wall Street deal more heavily in mortgage securities that back the loans.
	www.boston.com /business/articles/2007/03/12/earnings_preview_goldman_sachs (412 words)

	kyw.com - Workers Find The Gold At Goldman Sachs
		Goldman said it was dedicating $16.5 billion for salaries, bonuses and benefit at the end of the year.
		Goldman reported profit attributable to common shareholders for the three months ended Nov. 24 of $3.1 billion, or $6.59 per share, compared with $1.63 billion, or $3.35 per share, in the year-ago period.
		Goldman reported that its Global Alpha hedge fund performed poorly in November, and is down 10 percent this year.
	cbs3.com /business/finance_story_348000238.html (910 words)

	Goldman Sachs delays vote on banning stock option awards - MarketWatch
		Goldman delayed the options vote because the proposal was left out off the Feb. 21 proxy document sent outlining the annual meeting agenda.
		The proposal would bar Goldman from granting options to "anyone" because the awards "have gone out of hand in recent years," Davis's proposal says, and create distortions in managing the company because options can be tied to short-term earnings gains.
		Goldman's directors oppose the plan because it would put the investment bank "at a disadvantage in retaining, motivating and recruiting employees," the proxy said.
	www.marketwatch.com /news/story/goldman-sachs-delays-vote-banning/story.aspx?guid={7CA629EF-C302-4B7C-AAAE-B0E7B2F73DC8}&dist=rss&siteid=mktw (1252 words)

	CNN.com - Seoul regulators eye Goldman Sachs - Sep. 8, 2003
		U.S. investment bank Goldman Sachs is under the spotlight in South Korea after selling almost four percent of its stake in Kookmin Bank.
		Goldman Sachs said it raised $465 million from the sale of 13 million American Depositary Receipts (ADRs), equal to a 3.96 percent stake.
		Goldman Sachs bought into Kookmin in mid-1999, paying about $500 million for shares and bonds.
	cnn.com /2003/BUSINESS/09/08/skorea.goldman.biz/index.html (289 words)

	IIE \| Institute of International Education
		The Goldman Sachs Foundation is committed to developing outstanding young leaders for the new century.
		The Goldman Sachs Global Leaders Program seeks to train and develop tomorrow's educators, policy makers, business leaders, research scientists, social entrepreneurs, and other professionals and to create an international network through which they can share ideas, work collaboratively, and begin to change the world, together.
		The Goldman Sachs Foundation is a global philanthropic organization funded by The Goldman Sachs Group, Inc. The Foundation's mission is to promote excellence and innovation in education and improve the academic performance and lifelong productivity of young people worldwide.
	www.iie.org /Template.cfm?&Template=/programs/global_leaders/default.htm (621 words)

	Goldman Sachs Makes Rich Richer, Protests Mensex - Gawker
		Sure, tiny downtown banking concern Goldman Sachs named 115 new partnership managing director partner manager people, a title which confers some kind of bajillionaire shield upon those lucky enough to receive it.
		There are first details at DealBreaker about which of these folk you should immediately try to sleep with, and Intelligencer points out that despite the heaps of cash, this is really the signal to bail from the firm and plow new rows elsewhere.
		Even though the Dutchie says he will fight for his new spot (Goldman Sachs has already filed another complaint), he's also repurposed the venture with the generic name "City of Love." This is the kind of entrepreneurial drive the new partners at GS should respect, before they crush him.
	www.gawker.com /news/goldman-sachs/goldman-sachs-makes-rich-richer-protests-mensex-210601.php (266 words)

	CNN.com - Goldman Sachs cuts 12 percent of staff - May 23, 2001
		NEW YORK -- Leading investment bank Goldman Sachs Group Inc. is axing 12 percent of its investment bankers, according to a report.
		Goldman's fortunes are inexorably linked to the health of the stock market.
		Goldman went public in 1999, partly to use its stock as currency to retain workers.
	archives.cnn.com /2001/BUSINESS/asia/05/23/goldman.layoffs (453 words)

	Good deal: Average Goldman Sachs employee makes $622,000 - The Boston Globe
		The big pay day at Goldman Sachs is the product of a big year on Wall Street and an even bigger year for Goldman, which yesterday reported the highest annual profits ever for a securities firm.
		And not every Goldman employee will make $622,000, since the average is skewed by top traders and investment bankers who can make millions.
		Goldman Sachs, Kothari added, is the "creme de la creme" of Wall Street securities firms, attracting the top talent in the industry and paying for it.
	www.boston.com /business/articles/2006/12/12/good_deal_average_goldman_sachs_employee_makes_622000/?p1=MEWell_Pos2 (787 words)

	Goldman Sachs' Green Touch [Fool.com] March 27, 2007
		As you may recall, Goldman also had a large supporting role in the private equity bid for TXU (NYSE: TXU), the Texas energy company, and most likely played an integral role in helping broker the deal with environmental groups to limit the number of new coal plants that TXU would build.
		For investors interested in clean tech, I would further suggest that Goldman Sachs, while by absolutely no means a "clean tech" pure play, represents a unique opportunity to diversify one's portfolio while still offering some exposure to the alternative energy market.
		Fool contributor Jack Uldrich admits to being green about all of the aspects of Goldman Sachs' business, which is why he is not yet an investor in the company.
	www.fool.com /investing/general/2007/03/27/goldman-sachs-green-touch.aspx (472 words)

	What's so special about Goldman Sachs? - By Daniel Gross - Slate Magazine
		Goldman's chief assets are people—really rich people who can afford to retire or who can easily find lucrative employment elsewhere.
		To rise to the top at Goldman, you have to be a centrist statesman with demonstrated operating competencies, firm ideas about where to take the company, and an ability to assuage, coddle, accommodate, and lead massive egos.
		Although Goldman Sachs was a party to the Wall Street research settlement, it emerged from the scandals in better shape than many of its rivals.
	www.slate.com /id/2142640 (1079 words)

	cbs11tv.com - Goldman Sachs CEO Gets Record $53.4 Million Bonus
		The record payday, disclosed by Goldman Sachs Group Inc. in a filing with the Securities and Exchange Commission on Tuesday, breaks the one set just last Thursday when Morgan Stanley disclosed that it paid CEO Mack $40 million in stock and options.
		Goldman said last week it had set aside a total of $16.5 billion this year for salaries, bonuses and benefits.
		Goldman Sachs chief executive Lloyd Blankfein was awarded a $53.4 million bonus, a new Wall Street record.
	cbs11tv.com /topstories/topstories_story_354133304.html (471 words)

	The Greening of Goldman
		But even the promise is a big deal--mostly because the statement comes from Goldman Sachs Group Inc., arguably the most prestigious investment bank in the world.
		The environmental policy recently adopted by Goldman, essentially a green handbook for its 21,928 employees, is unusually progressive and aggressive.
		The larger question is how Goldman's influence could affect the behavior of other investment banks, as well as public policy, Hogue says.
	www.fastcompany.com /magazine/106/next-social-capital.html?partner=rss (423 words)

	Goldman Sachs: Looks Unstoppable - Kiplinger.com
		Next week, Goldman Sachs reports its final results for fiscal 2006, and there's strong reason to expect to see a humdinger.
		Goldman (symbol GS) is the emperor of this empire, the king of the kingdom.
		That may seem low for an institution bearing the stature of Goldman, but it is in fact at the high end of Goldman's historical P/E range of 12 to 15 P/E. On a price-to-book-value basis, $250 also seems an ambitious target for 2007.
	www.kiplinger.com /columns/picks/archive/2006/pick1206.htm (749 words)

	Amazon.com: Goldman Sachs: The Culture of Success: Books: Lisa J. Endlich (Site not responding. Last check: )
		Goldman Sachs is an intriguing history of the company that invented such financial tools as block trading, commercial paper, and risk arbitrage.
		Goldman Sachs, in most years the most profitable investment bank in the country, also holds the distinction of being the last major partnership among investment banks on Wall Street with partners earning tens of millions of dollars.
		Endlich is the victim of bad timing: her lively account of Goldman management's decision to take the company public in the summer of 1998 is rendered somewhat moot by the fact that those plans were derailed by the sudden (and so far brief) bear market.
	www.amazon.com /Goldman-Sachs-Lisa-J-Endlich/dp/0679450807 (2708 words)

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