goldman

  1. myp

    Goldman Sachs to invest in public social services

    A new program centered around "social service bonds" will allow the large investment bank to invest in and in turn bet on a program to reduce recidivism in the state. If the program meets certain benchmarks, Goldman can profit handsomely, otherwise it can lose money. Interesting idea...
  2. myp

    The culture that is Goldman Sachs

    A top executive at Goldman Sachs resigned today and had this op-ed published in the NY Times: http://www.nytimes.com/2012/03/14/opinion/why-i-am-leaving-goldman-sachs.html?_r=1 It is definitely worth the read and suggests how the culture of Goldman has changed over the years, from one man's...
  3. myp

    Goldman Sachs analysis shows 0% rate too high

    Well, this is just crazy: a recent Goldman Sachs analysis says that the current 0% interest rate is not sufficient and it must be reduced to -6% in order to supply what the report calls the "needed amount of monetary stimulus" This essentially means that the lender losses money on the...
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