Goldman CEO to Perform Community Service as Treasury Secretary
Apr 26, 2010 A Treasury Department spokesperson said that by performing community service as treasury secretary, Lloyd Blankfein will do less harm to the economy because he will have significantly less power than he had as chairman of Goldman.
Has Goldman Sachs Gotten Greedier?
Dec 17, 2009 Was there ever a time when Goldman Sachs was more, um, ethical and client-centric than greedy and profit-driven, as its reputation now suggests? That's debatable, but whatever its previous corporate ethos might have been, all signs point to Goldman's current chairman and CEO, Lloyd Blankfein, as the major driving force behind the firm's push for building bigger profits quicker these days.
No Year-End Bonuses for Goldman Sachs Execs
Dec 11, 2009 Goldman Sachs has had a record year in terms of employee earnings -- The Wall Street Journal says Goldman's 31,000 worker bees brought in an average of more than $700,000 each in 2009 -- and that would be better news for the firm if it hadn't been on the receiving end of major federal funding from last year's bailout.
