Corzine on Case Against Goldman Sachs
Jon Corzine, CEO of MF Global, former CEO of Goldman Sachs and former governor of New Jersey, discusses the civil fraud charges against Goldman Sachs.
Las Vegas Sands CEO: Singapore Casino "Most Lucrative"
The $100 Singapore levy will not turn our customers away, says Sheldon Adelson, chairman & CEO of Las Vegas Sands. He explains why and tells CNBC’s Christine Tan that the company is projecting over $1 billion in annual earnings when the resort is fully operational.
Stocks Inch Higher As Fed Holds Rates Steady
Wednesday, April 28, 2010 Stock Market Commentary: The major averages ended higher after the Federal Reserve held rates steady near historic lows and Spain’s debt was downgraded. Volume totals on Wednesday were reported lower compared to Tuesday’s totals which suggested large institutions were not aggressively buying stocks. Advancers led decliners by a 11-to-8 ratio on the NYSE and by a 14-to-13 ratio…
Goldman Sachs: Shorting The American Dream
Discussing the rage on Capitol Hill directed at Goldman Sachs, with James Surowiecki, The New Yorker.
Euro-Zone Toast?
Taking a look at some bearish euro-zone trades, with Mark Dowding, DB Advisors-Europe.
Bond Vigilantes Send a Message
“The bond vigilantes are one by one picking off the weakest countries starting with Greece,” Neil Michael from London & Capital told CNBC Wednesday. The “vigilantes” are telling governments to “get a grip of their public finances,” he added.
Goldman's Lloyd Blankfein on Capital Hill 4.27.10
Goldman Sachs CEO Lloyd Blankfein testifies regarding charges the firm used a strategy that allowed it to take the opposite side of investments it was selling to the firm’s clients.
Stocks Tank on EU Downgrades & Goldman Testimony
Tuesday, April 27, 2010 Market Commentary It is important to note that the major averages have been steadily rallying since early February and a pullback of some sort should be expected. Tuesday marked the latest distribution day since the rally was confirmed on the March 1, 2010 follow-through day (FTD). According to the paper, there are 7 distribution days for the NYSE, 6 for the S&P 500, 5 for the Dow, and 2 for the Nasdaq. This puts subtle pressure on this 9-week rally.
Goldman Hearing: Tourre's Opening Statement
Fabrice Tourre, executive director of the structured products group at Goldman Sachs, delivers his opening statement before a Senate panel that alleges Goldman profited from the housing meltdown and made billions at the expense of clients.
Goldman Hearing: Swenson's Opening Statement
Michael Swenson, managing director in the structured products group at Goldman Sachs, delivers his opening statement before a Senate panel that alleges Goldman profited from the housing meltdown and made billions at the expense of clients.