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SATURDAY, NOVEMBER 21, 2009
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NEWS ABOUT: Lloyd Blankfein

Lloyd Blankfein stories: 11 news summaries

Goldman Pumps $500M Into Small Businesses

Blankfein apologizes— but not for the $16B payout to employees

Nov 18, 09 9:20 AM CST
(Newser) - In a move that definitely has nothing to do with spiraling public hostility, Goldman Sachs has announced a $500 million small-business assistance program. Headed by an advisory panel that includes Warren Buffett and Lloyd Blankfein (he who works for God ), the so-called “10,000 Small Businesses” program will... More »

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Goldman Sachs • Warren Buffett • charity • bonuses • small business • Lloyd Blankfein

masters of the universe

 Goldman's 
 Blankfein 
 Is 'Doing 
 God's Work' 

A look behind the scenes at the omnipresent bank

Nov 8, 09 2:34 PM CST
(Newser) - Lloyd Blankfein likes to say he's "attained perfection," a plausible-sounding assertion now that Goldman Sachs has repaid its TARP funds and is dishing out mammoth bonuses. "I don’t want to put a cap on their ambition," the CEO says of his employees. "It’s... More »

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Wall Street • Goldman Sachs • Lloyd Blankfein • bailout • investment banks • Wall Street bailout • bank-holding company • TARP

Q3 EARNINGS

Goldman Tops $3B in Profit, Blows By Estimates

Bank triples profit last year, sets $5.3B aside for pay, bonuses

Oct 15, 09 7:13 AM CDT
(Newser) - Goldman Sachs is even more golden than we'd thought. The top firm on Wall Street posted a record third-quarter profit of $3.19 billion, a billion dollars higher than expected, thanks to returns on advising on takeovers and more aggressive investing. That quarterly result more than triples the $845 million... More »

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executive compensation • Goldman Sachs • earnings reports • third quarter earnings • Lloyd Blankfein

Once-Reserved Goldman Turns on the Charm

Ahead of record result, normally reticent bank puts on a smile

Oct 15, 09 3:35 AM CDT
(Newser) - Today's the day: Goldman Sachs is set to announce record profits in the third quarter, projected at $2.17 billion, and with it a compensation pool larger than Wall Street has ever seen. But the golden bank knows a PR disaster when it sees one—and has been mounting a... More »

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Wall Street • executive compensation • Goldman Sachs • bonuses • third quarter earnings • Lloyd Blankfein • quarterly profits • executive bonuses

ANALYSIS

Top Wall Street Execs Have Direct Line to Geithner

Treasury chief's calendars show frequent contact with big players

Oct 8, 09 6:22 PM CDT
(AP) - A look at Timothy Geithner's phone calendars show the Treasury secretary has maintained close ties with Wall Street executives he has known for years. Executives at Goldman Sachs, JPMorgan, and Citigroup can reach the nation's most powerful economic official at will. While there's nothing inherently wrong with keeping tabs on... More »

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Barack Obama • Goldman Sachs • Freedom of Information Act • Citibank • Treasury Department • Barney Frank • Lloyd Blankfein • JPMorgan Chase • Obama administration • Jamie Dimon • President Obama • Timothy Geithner

Goldman CEO: Populist Rage 'Appropriate'...

... For money-losing banks, not Blankfein's, which hiked pay 33%

Sep 10, 09 1:53 AM CDT
(Newser) - The CEO of Goldman Sachs joined the debate over executive compensation yesterday, telling a conference in Frankfurt that public anger was "understandable and appropriate" for money-losing institutions who hand out fat bonuses. But, notes the Wall Street Journal, Lloyd Blankfein stopped short of criticizing his own firm, and... More »

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executive compensation • Goldman Sachs • bonuses • Lloyd Blankfein • investment banks • executive bonuses

ANALYSIS

 Paulson Still Dogged 
 by Ethics Queries 

Ex-Goldman exec coddled firm as Treasury sec, critics say

Aug 9, 09 11:28 AM CDT
(Newser) - As a former Goldman Sachs exec, Henry Paulson vowed to avoid any potential conflicts of interest when he was appointed President Bush’s Treasury secretary. But seven months after he left office, the nagging questions surrounding Paulson’s tumultuous term in office suggest he may not have succeeded, Gretchen Morgenson... More »

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ethics • Wall Street • Goldman Sachs • Henry Paulson • AIG • Treasury Department • Lloyd Blankfein • bailout • conflict of interest • Wall Street bailout

OPINION

Spitzer: AIG Bailout an 'Inside Job'

Scandal isn't bonuses, it's payments to influential debtors

Mar 17, 09 1:43 PM CDT
(Newser) - Eliot Spitzer is mad about AIG, and not because it’s giving out bonuses. No, the real scandal, he writes for Slate, is the tens of billions of taxpayer dollars going to pay back AIG’s counterparties. The decision to bail out AIG was made by Henry Paulson, Timothy Geithner,... More »

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Goldman Sachs • Henry Paulson • Eliot Spitzer • AIG • Lloyd Blankfein • bailout • Timothy Geithner

'Humbled' Bank CEOs Will Deny Blowing Bailout

Top bankers face
grilling today from
furious Congress

Feb 11, 09 2:12 AM CST
(Newser) - Bank bosses being grilled by Congress today will defend their use of bailout cash, according to prepared testimony obtained by Reuters. Chief executives from the eight biggest US banks arrive in Washington this morning—by public transportation instead of private jet this time—and are expected to strike a note... More »

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Congress • House Financial Services Committee • Vikram Pandit • Lloyd Blankfein • bailout • banks • Troubled Asset Relief Program • Wall Street bailout • TARP

For Buffett, Goldman Deal Was a Snap

But if Congress doesn't pass Treasury's bailout, he'll 'get killed'

Sep 25, 08 10:29 AM CDT
(Newser) - Billionaire Warren Buffett has been getting a lot of calls lately from struggling Wall Street firms looking for a savior, from Bear Stearns to Lehman Brothers to AIG. He’s turned them all down, the Wall Street Journal reports, but when Goldman Sachs called Tuesday, the Oracle of Omaha ponied... More »

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Goldman Sachs • Warren Buffett • Bear Stearns • Lehman Brothers • Lloyd Blankfein • bailout • financial crisis

Goldman Sachs Awards CEO $68M Bonus

Blankfein nets huge payday after bank avoids subprime tank

Dec 21, 07 8:07 PM CST
(Newser) - Goldman Sachs gave CEO Lloyd Blankfein a $67.9 million bonus for 2007, believed to be one of the largest such payouts in history, MarketWatch reports. The bonus includes $26.8 million in cash and $41.1 million in stocks. Goldman succeeded this year while rivals foundered in the subprime... More »

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Wall Street • Goldman Sachs • CEO • Morgan Stanley • bonuses • Lloyd Blankfein • investment banks

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