13:05 ET Dow -154.48 at 10309.92, Nasdaq -37.61 at 2138.44, S&P -19.130 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 0 1 100001 0 1 0 1 1 0 1 0 00 0 1 1 1 0 1 100001 0 1 1 100001 13:05 ET Dow -154.48 at 10309.92, Nasdaq -37.61 at 2138.44, S&P -19.1313:05 ET Dow -154.48 at 10309.92, Nasdaq -37.61 at 2138.44, S&P -19.13

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Tuesday, September 27, 2011

Goldman Sachs News - 9-27-2011

Morning Take-Out
New York Times
By DEALBOOK Goldman Sachs Draws Up Deeper Cuts | Goldman Sachs, bracing for
what could be one of its worst quarters since it went public 12 years ago,
is preparing to expand its cost-cutting initiative by hundreds of millions
of dollars, ...
<http://dealbook.nytimes.com/2011/09/27/morning-take-out-334/>
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<http://news.google.com/news/story?ncl=http://dealbook.nytimes.com/2011/09/27/morning-take-out-334/&hl=en&geo=us>

'Goldman Sachs rules the world': trader sparks outrage
Sydney Morning Herald
A financial trader in London caused a storm of outrage by suggesting that
world leaders cannot do anything to prevent a global market collapse,
saying that investment bank Goldman Sachs ruled the world. Alessio
Rastani's comments on BBC television on ...
<http://www.smh.com.au/business/world-business/goldman-sachs-rules-the-world-trader-sparks-outrage-20110928-1kvvd.html>
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<http://news.google.com/news/story?ncl=http://www.smh.com.au/business/world-business/goldman-sachs-rules-the-world-trader-sparks-outrage-20110928-1kvvd.html&hl=en&geo=us>

Hackers grab Goldman CEO's personal data
CBS News
Goldman Sachs representatives did not immediately respond to a call seeking
comment. A group using the handle "CabinCr3w" took credit for the data
dump, but did not say why Blankfein was targeted. Goldman Sachs benefited
from the US government's ...
<http://www.cbsnews.com/stories/2011/09/27/tech/cnettechnews/main20112427.shtml>
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<http://news.google.com/news/story?ncl=http://www.cbsnews.com/stories/2011/09/27/tech/cnettechnews/main20112427.shtml&hl=en&geo=us>

Goldman Sachs, Galleon, Madoff, Macquarie in Court News
BusinessWeek
By Elizabeth Amon (Adds Goldman, Galleon and Strauss-Kahn and in Lawsuits
section and Deloitte in New Suits. Updates News Corp. in Lawsuits and
Carter's in New Suits.) Sept. 27 (Bloomberg) -- Goldman Sachs Group Inc.
won dismissal of lawsuits over ...
<http://www.businessweek.com/news/2011-09-27/goldman-sachs-galleon-madoff-macquarie-in-court-news.html>
See all stories on this topic:
<http://news.google.com/news/story?ncl=http://www.businessweek.com/news/2011-09-27/goldman-sachs-galleon-madoff-macquarie-in-court-news.html&hl=en&geo=us>

Goldman Sachs Sees Italy As Key Risk To Its Positive Euro View
Wall Street Journal
LONDON (Dow Jones)--Goldman Sachs Group Inc. (GS) warned Tuesday in a note
to clients that a leadership crisis in Italy may pose serious risks to its
positive euro view. However the bank stuck to its 12-month forecast of
$1.50 for the euro against the ...
<http://online.wsj.com/article/BT-CO-20110927-704111.html>
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<http://news.google.com/news/story?ncl=http://online.wsj.com/article/BT-CO-20110927-704111.html&hl=en&geo=us>

El Paso Electric falls on Goldman Sachs cut
BusinessWeek
Shares of El Paso Electric Co. fell Monday after a Goldman Sachs analyst
lowered his rating for the utility, saying that demands by its hometown
city council to show why it shouldn't be forced to lower rates will
ultimately cut into its profits. ...
<http://www.businessweek.com/ap/financialnews/D9Q09UO80.htm>
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<http://news.google.com/news/story?ncl=http://www.businessweek.com/ap/financialnews/D9Q09UO80.htm&hl=en&geo=us>

ReNew Wind secures Rs.1000 cr investment from Goldman Sachs
The Hindu
In what can be termed as the largest investment in India's renewable energy
sector, ReNew Wind Power, a renewable energy independent power producer
(IPP), has announced that it had secured an equity investment of Rs.1000
crore from Goldman Sachs, ...
<http://www.thehindu.com/business/article2490806.ece>
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<http://news.google.com/news/story?ncl=http://www.thehindu.com/business/article2490806.ece&hl=en&geo=us>

Goldman Sachs Wins Dismissal of Lawsuits Contesting Bonuses
San Francisco Chronicle
26 (Bloomberg) -- Goldman Sachs Group Inc. won dismissal of suits over
employee bonuses filed in New York by shareholders who called the awards a
waste of assets. Security Police & Fire Professionals of America Retirement
Fund and Judith A. Miller sued ...
<http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/09/26/bloomberg_articlesLS5HW01A1I4H.DTL>
See all stories on this topic:
<http://news.google.com/news/story?ncl=http://www.sfgate.com/cgi-bin/article.cgi%3Ff%3D/g/a/2011/09/26/bloomberg_articlesLS5HW01A1I4H.DTL&hl=en&geo=us
>

ICSC/Goldman Sachs Chain Store Sales Off 0.2% From Prior Week
Fox Business
By Lauren Pollock The International Council of Shopping Centers and Goldman
Sachs Retail Chain Store Sales Index edged down 0.2% in the week ended
Saturday from the week before on a seasonally adjusted, comparable-store
basis, falling for the second ...
<http://www.foxbusiness.com/industries/2011/09/27/icscgoldman-sachs-chain-store-sales-off-02-from-prior-week/>
See all stories on this topic:
<http://news.google.com/news/story?ncl=http://www.foxbusiness.com/industries/2011/09/27/icscgoldman-sachs-chain-store-sales-off-02-from-prior-week/&hl=en&geo=us>

Morgan Stanley Joins Goldman Sachs In FirmScaping
DealBreaker.Com
By Bess Levin Back in August, it was revealed that Goldman Sachs had added
a disturbing element to its cost-cutting efforts: plant murder. The lobby
philodendrons? Gone. Boston Ferns by the elevator? To the dumpster. The
third floor Geraniums that ...
<http://dealbreaker.com/2011/09/morgan-stanley-joins-goldman-sachs-in-firmscaping/>
See all stories on this topic:
<http://news.google.com/news/story?ncl=http://dealbreaker.com/2011/09/morgan-stanley-joins-goldman-sachs-in-firmscaping/&hl=en&geo=us>

=== Blogs - 5 new results for [goldman sachs] ===

BBC's 'Goldman Sachs Rules the World' Trader: Hoax or Our Worst ...
By Joe Coscarelli
Could this Alessio Rastani guy possibly be for real?
<http://nymag.com/daily/intel/2011/09/bbcs_goldman_sachs_rules_the_w.html>
Daily Intel
<http://nymag.com/daily/intel/>

Goldman Sachs: Cutting Costs to Address Weakness, Stock Up 3.75 ...
By Wall St. Cheat Sheet
Analysis of Goldman Sachs business strategies to deal with cutting costs.
<http://wallstcheatsheet.com/trading/goldman-sachs-cutting-costs-to-address-weakness-stock-up-3-75.html/>
Wall St. Cheat Sheet
<http://wallstcheatsheet.com/>

Alessio Rastani Hoax | BBC Trader Hoax | Video | Mediaite
By Alex Alvarez
Early this morning, we published a report on Alessio Rastani, a man
interviewed by the BBC about the current economic state. Introduced as an
independent trader, Rastani apparently made jaws drop at the station with
his confession that he ...
<http://www.mediaite.com/online/hoax-internet-now-thinks-the-rule-the-world-goldman-sachs-trader-on-bbc-was-not-legit/>
Mediaite
<http://www.mediaite.com/>

Goldman Sachs Bans 12-Ounce Cups — and Other Weird Ways ...
By Amy Tennery
As we're all well aware, most financial firms are trying to cut costs
nowadays. For some, that means slashing thousands and thousands of jobs.
For others, it means making some more... creative cuts.
<http://www.mogulite.com/goldman-sachs-job-cuts/>
Mogulite
<http://www.mogulite.com/>

Op-Ed: Confessions of a trader – Goldman Sachs rules the world
Alessio Rastani is handsome, intelligent, charismatic, extremely
expensively dressed, and dreaming of a big stock market crash so he can
make money off your misery.
<http://www.digitaljournal.com/article/312026>
RSS Feed - Top Digital Journal News
<http://www.digitaljournal.com/rss/?feed=top_news>

=== Web - 2 new results for [goldman sachs] ===

Trader's Goldman Sachs comments spark BBC hoax claims | Media ...
Alessio Rastani, who claimed on BBC News 'I dream of another recession', is
not a 'Yes Man' – but he could be an honest trader. By John Plunkett and
Tara ...
<http://www.guardian.co.uk/media/2011/sep/27/trader-goldman-sachs-bbc-hoax>

Goldman Sachs Draws Up Deeper Cuts - NYTimes.com
Goldman Sachs is preparing to significantly expand its cost-cutting
initiative, a move that could lead to additional job losses at the bank.
<http://dealbook.nytimes.com/2011/09/26/goldman-sachs-draws-up-deeper-cuts/>