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Blankfein Hires Defense Attorney; Goldman Down $3 Billion After Close
By Courtney Comstock
Is the Goldman Sachs CEO facing a new lawsuit?
The market seems to think so. Goldman Sachs just tanked in minutes before the close after news that Lloyd Blankfein hired a …
Fannie Mae Owns Patent on Residential ‘Cap And Trade’ Exchange
By Barbara Hollingsworth
Patent No. 6904336 was approved by the U.S. Patent and Trade Office on Nov. 7, 2006 — the day after Democrats took control of Congress. Former Sen. John Sununu, R-N.H., cr…
Wall Street Commodity Trading in Jeopardy Amid Fed Review
By Bob Ivry
JPMorgan Chase & Co. (JPM), Morgan Stanley (MS) and Goldman Sachs Group Inc. (GS) are among lenders whose commodity-trading is in jeopardy as the Federal Reserve reconsiders letting ban…
What Are Banks Doing With Our Money?
By James Turk
Instead of depositor money being used to stimulate economic activity in the private sector by lending to businesses and consumers, the banks are helping to fund the growing federal defi…