Goldman Sachs To Pay $5 Billion Settlement For Selling Risky Mortgages That Led To MeltdownThe Justice Department announced a $5 billion settlement with Goldman Sachs over the sale of mortgage-backed securities leading up to the 2008 financial crisis.
Demise Of Big Box Stores Predicted With Rise Of Internet SalesBig box stores like Walmart and Target may have to reinvent their business model or end up on the dustbin of history, according to a major investment firm.
Cash-Strapped Oakland Wants Out Of Costly Bond Deal With Goldman Sachs Oakland is currently paying $4 million a year in interest to Goldman Sachs for bonds at a locked-in rate that has them overpaying by millions compared current rates. City officials have said that needs to change.
LinkedIn Looks To Raise $274 Million In IPOProfessional networking website LinkedIn Corp. plans to sell shares to investors for $32 to $35 each in an initialpublic offering.
Goldman Sachs Limits Facebook Private OfferingGoldman Sachs Group Inc. has prohibited U.S. investors from participating in a private offering expected to raise up to $1.5 billion for Palo Alto-based social networking site Facebook.
Facebook Worth Estimated At $50 BillionA reported investment by Goldman Sachs and a Russian investor of $500 million in Facebook is a further sign that the social networking behemoth is becoming a powerful force even outside tech circles.