Four pieces of information reported recently, each with a different level of confirmation, show the extent to which the future of Goldman Sachs may be determined be the mainstream press, and the extent to which "news" about it is often not confirmed by the investment bank, its clients, or federal regulators.

Continue reading Goldman Sachs Rumors: Sifting for Truths About Investment Bank's Future

Goldman Sachs Rumors: Sifting for Truths About Investment Bank's Future originally appeared on DailyFinance on Fri, 07 May 2010 08:54:00.

Filed Under: Company News, General Electric , Goldman Sachs , Berkshire Hathaway, American International Group

Among Wednesday's legal news, the California Public Employees' Retirement System won a court decision allowing it to proceed with a lawsuit against the three major ratings agencies, six shareholders have filed suits against Goldman Sachs, and insurance company WellPoint's massive rate hike requests were based on faulty math.

Continue reading Legal Briefing: Ratings Agencies Lose in Court, Again

Legal Briefing: Ratings Agencies Lose in Court, Again originally appeared on DailyFinance on Wed, 05 May 2010 13:20:00.

Filed Under: Columns, Goldman Sachs

On Monday, Tishman Speyer Properties announced its decision to give up ownership of Manhattan's massive Peter Cooper Village (PCV) and Stuyvesant Town housing complexes. As this project, the biggest single-property real estate deal in history, imploded, it became a symbol of an overloaded real estate market bloated on a glut of hype, money and boundless optimism.

Continue reading Biggest Real Estate Deal in History Goes Belly-Up

Biggest Real Estate Deal in History Goes Belly-Up originally appeared on DailyFinance on Mon, 25 Jan 2010 15:30:00.

Filed Under: Economy, People, Investing, Real Estate