Mistakenly Released Documents Reveal Goldman Sachs Screwed IPO Clients

By: Tuesday March 12, 2013 6:54 am

As noted in the Roundup, Goldman Sachs is once again being cited for ripping off its clients, this time in the IPO space. Goldman had already paid massive fines for causing the mortgage crisis by selling its own clients toxic assets. Later the firm would take considerable reputational damage when a former Goldman Sachs executive, [...]

No Separating Obama From the JOBS Act

By: Friday April 13, 2012 8:56 am

So I hear that Richard Trumka is personally outraged by the JOBS Act, and the larger idea that “this administration thinks that it’s going to be good for the country to re-inflate a stock market bubble.” This didn’t deter Trumka’s AFL-CIO from endorsing the President who signed that bill for re-election, of course. “Labor weighs [...]

More JOBS Act Deregulatory Measures Found

By: Monday April 2, 2012 11:35 am

Visit msnbc.com for breaking news, world news, and news about the economy Yves Smith points us to a nice takedown of the woeful JOBS Act, which should get signed into law this week. Chris Hayes had Bill Black and Alexis Goldstein of Occupy the SEC on to talk about it, with Rep. Carolyn Maloney making [...]

Misnamed JOBS Act – Which Deregulates Financial Markets – Gets Senate Vote Today

By: Tuesday March 20, 2012 8:15 am

Today the Senate will vote on the JOBS Act, part of a deal on judicial confirmations that allows the House-passed bill to come to the floor. The Senate will vote on a substitute amendment that includes a reauthorization of the Export-Import Bank, which could upend the entire bill. And let’s hope so! As Simon Johnson [...]

House Republicans Want to Pass the JOBS Act; Not So Much Having Anything to Do With Jobs

By: Thursday March 1, 2012 6:17 am

The President and Congressional leaders had a photo-op yesterday, and everyone left confident, basking in the glow of compromise and convinced that progress can be made in the months leading up to the election. In fact, they all said that the JOBS Act has a serious chance of passing. “We discussed a number of areas [...]

Another Friday: Goldman Sachs Investigated, Sued

By: Friday January 7, 2011 12:33 pm

In the space of a week, Facebook has gone from inking a deal with Goldman Sachs for a special purpose vehicle that would allow for investment in the company without financial disclosure, to a pledge to either go public in 2012 or submit all its financial disclosure information publicly. Facebook is more of a retailer [...]

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