sachs

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...

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...

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...