Tag Archives: Sachs

Philadelphia Sues Citigroup, Goldman Sachs, Bank of America and Other Big Banks, Alleges Municipal Bond Rigging

The city of Philadelphia, Pennsylvania is suing Bank of America (BAC), Goldman Sachs (GS), Citigroup (C), Wells Fargo & Co. (WFC), Barclays Plc (BAR), JPMorgan Chase & Co. (JPM), and Royal Bank of Canada (RBC) for allegedly rigging rates for … Continue reading

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Goldman Sachs Tells Big Pharma to Focus on Drugs That Treat, Not Cure

An April 10th report by a Goldman Sachs analyst has been making the rounds in the media. The report, entitled “The Genome Revolution,” advised pharmaceutical companies to consider making and selling drugs that treat, not cure, diseases. Why? Making drugs … Continue reading

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“Is curing patients a sustainable business model?” Goldman Sachs analysts ask

Enlarge / The Goldman Sachs bank logo is seen reflected on the screen of a mobile phone in this photo illustration on November 15, 2017. (credit: Jaap Arriens/NurPhoto via Getty Images) One-shot cures for diseases are not great for business—more … Continue reading

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Goldman Sachs

Some financial analysts predict one-tenth of Goldman Sach's earnings could be lost because of new restrictions on activities targeted by the Dodd – Frank Wall Street Reform and Consumer Protection Act (Act). However, according to "Goldman Sachs Could Be Largely … Continue reading

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Goldman Sachs Pays Whopping Fine

Goldman Sachs has agreed to pay $550 million — the largest SEC penalty against a Wall Street firm. The SEC charged that Goldman misled investors in collateralized debt obligations backed by subprime mortgage loans. Goldman admitted that it had "made… … Continue reading

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