Goldman Sachs loses $2.2 Bil Market Value - LGF Pages

Sign In • Register • Forgotten password?

Goldman Sachs loses $2.2 Bil Market Value

Follow @MsJoanne

Business • 3/15/12 6:16:19 am • Views: 380

From Bloomberg:

Goldman Sachs Group Inc. (GS) saw $2.15 billion of its market value wiped out after an employee assailed Chief Executive Officer Lloyd C. Blankfein’s management and the firm’s treatment of clients, sparking debate across Wall Street.

The shares dropped 3.4 percent in New York trading yesterday, the third-biggest decline in the 81-company Standard & Poor’s 500 Financials Index, after London-based Greg Smith made the accusations in a New York Times op-ed piece.

0

Goldman Sachs Market Value New York Wall Street Greed Brand Damage Image

Tweet

Recent Pages by JustJay (Joanne):
The Truth about PETA (Updated) Paul Campaign Banking on Chaos to Capture Nomination

Advertisement

no comments

This page has been archived.
Comments are closed.

^ back to top ^

Turn off ads by subscribing!
For about 33 cents a day, our subscription option turns off all advertisements at LGF!
Read more...

► LGF Headlines

Loading...

► Tweeted Articles

Loading...

► Tweeted Pages

Loading...

► Top 10 Comments

Loading...

► Bottom Comments

Loading...

► Recent Comments

Loading...

► Tools/Info

► Tag Cloud

► Contact

LGF Pages Create a Page

Featured Pages: Skip Intro
Nucla, Colo. Passes Ordinance Making Gun Ownership Mandatory
As much of the nation continues to debate gun control and as Colorado gets ready to implement sweeping new gun control laws just passed in the latest legislative session, one small town in southwest Colorado has decided to go in the opposite direction by passing an ordinance that makes gun ownership mandatory. Nucla, Colo., about 50 miles south of Grand Junction and with ...

2 hours, 30 minutes ago
Views: 165 • Comments: 5
Tweets: 12 • Rating: 0; Haywood Jabloeme
Jon Karl Makes Things Worse
CNN's Howard Kurtz, who knows a little bit about being in the line of media fire for his own work, offered ABC News's embattled Jon Karl the chance to defend himself on Reliable Sources Sunday. Karl, of course, is in hot water because his "scoop" revealing that the White House tampered with Benghazi talking points relied on doctored email leaked by House Republican ...

19 hours, 11 minutes ago
Views: 449 • Comments: 5
Tweets: 57 • Rating: 3; MichaelJ
Jordy Smith Wins Billabong Rio Pro 2013 Surf Contest
Only 300 points now separate the #1 surfer in the world (Adriano de Souza) and the #3 surfer in the world (Mick Fanning). And this guy, Jordy Smith, is right there between them. And between tubes at Kirra, turns at Bells and airs in Rio, he didn't get there by surfing safe. More: JORDY SMITH WINS BILLABONG RIO PRO

20 hours, 44 minutes ago
Views: 96 • Comments: 0
Tweets: 1 • Rating: 0; Locker
Jennifer Rubin Demands CNN ‘Mute’ David Shuster for ‘Media Matters Talking Points’
"He was misled and I don't know how you can stand by a story if the story is wrong," Shuster argued. "He could have put this email out and said, 'I've been debriefed on the email from a Republican congressional source and here's what they tell me.' Instead, ABC News said that they 'obtained' the emails and Jonathan Karl made it seem if ...

23 hours, 16 minutes ago
Views: 541 • Comments: 7
Tweets: 31 • Rating: 5; Haywood Jabloeme
Scientists Agree on Climate Change, Why Doesn’t the Public? : NPR
A new study confirms that the vast majority of scientists who research the climate accept that the planet is warming and human beings are largely responsible. Yet a large slice of the American public believes that scientists are deeply split about global warming. More: Scientists Agree on Climate Change, Why Doesn't the Public? : NPR

1 day, 9 hours ago
Views: 367 • Comments: 5
Tweets: 13 • Rating: 8; bubba zanetti
Judge rules tea party group a PAC, not a nonprofit
A Travis County district court judge ruled this week that a Houston-based tea party group is not a nonprofit corporation as it claims, but an unregistered political action committee that illegally aided the Republican Party through its poll-watching efforts during the 2010 elections. The summary judgment by Judge John Dietz upheld several Texas campaign finance laws that had been challenged on constitutional grounds ...

1 day, 2 hours ago
Views: 589 • Comments: 5
Tweets: 65 • Rating: 6; Haywood Jabloeme
Letter: HB116 Promotes Creationism
Having failed twice before, Rep. Frank Hoffmann, R-West Monroe, is promoting another stealth creationist bill, House Bill 116, which "provides relative to textbooks and other instructional materials for [public] elementary and secondary schools."When Rep. Gene Reynolds, D-Dubberly, expressed concern that HB116 could permit adoption of controversial books on evolution and other subjects (Advocate May 13), he was exactly right. Hoffmann responded, "That is ...

1 day, 8 hours ago
Views: 382 • Comments: 1
Tweets: 13 • Rating: 2; Haywood Jabloeme
Targeting Texas
In a speech on April 15 before the McLennan County Republican Club, Greg Abbott, the Republican Attorney General and a potential candidate for governor in 2014, declared that Battleground Texas represents a bigger danger to the state than Kim Jong-un, the leader of North Korea: One thing that requires ongoing vigilance is the reality that the state of Texas is coming under a ...

1 day, 9 hours ago
Views: 353 • Comments: 5
Tweets: 0 • Rating: 6; RealityBasedSteve
Selling a Client on a High End Web Server…
... sorry about the rampant disregard for spell checking or proper grammar, the irony of it being Nazi's with grammar issues is not lost on me. I won't admit to how many of the things mentioned in this video I used (or was guilty of) RBS

1 day, 21 hours ago
Views: 185 • Comments: 0
Tweets: 0 • Rating: 2; Skip Intro
Mountain of Petroleum Coke From Oil Sands Rises in Detroit
WINDSOR, Ontario -- Assumption Park gives residents of this city lovely views of the Ambassador Bridge and the Detroit skyline. Lately they've been treated to another sight: a three-story pile of petroleum coke covering an entire city block on the other side of the Detroit River. Detroit's ever-growing black mountain is the unloved, unwanted and long overlooked byproduct of Canada's oil sands boom. ...

2 days, 4 hours ago
Views: 636 • Comments: 7
Tweets: 52 • Rating: 6

Recent Pages: FemNaziBitch
Chicago Teens Accused of Gang-Raping Girl, Posting Video to Facebook, Will Be Tried as Adults
Three Chicago teens accused of gang-raping a 12-year-old girl at gunpoint and posting the video to Facebook will face charges as adults, Cook County prosecutors announced Friday. A judge ordered Justin Applewhite, 16, Kenneth Brown, 15, and Scandale Fritz, 16, each held on $900,000 bond. The teens each face one count of aggravated criminal sexual assault. The alleged sexual assaults took place at ...

14 minutes ago
Views: 22 • Comments: 0
Tweets: 0 • Rating: 0; kristina37
We know how to reduce the incidence of common medical conditions but …
Obesity is on the rise-- as is the incidence of Heart Disease, Diabetes, Stroke and various forms of Cancer. And, shockingly, diseases that had in the past begun in old age are now appearing at much earlier ages. A groundbreaking scientific study showed how easily (and inexpensively) the rate of occurrence of these and other serious illness could be greatly reduced-- but this information ...

41 minutes ago
Views: 28 • Comments: 0
Tweets: 0 • Rating: 0; Locker
Federal Judge Finds Probable Cause Fox News Reporter Helped Leak Classified Docs
Court records did not identify Rosen by name, but government officials confirmed to the Post that he was a target in the case. Both Rosen and Fox News declined to respond to the paper about the allegations. In the court documents, FBI agent Reginald Reyes described a cloak-and-dagger system of communication and meetings between Kim and Rosen, including one or more "face-to-face" meetings ...

58 minutes ago
Views: 54 • Comments: 0
Tweets: 0 • Rating: 1; Political Atheist
State-of-the-Art 19th-Century Torpedo Was Discovered by Navy Dolphins
In the late 19th century, the Howell torpedo was an incredibly advanced piece of military equipment, a breakthrough device in the United States' quest to achieve naval dominance. But only one surviving Howell torpedo was known to exist--until Navy dolphins nosed up another. The US Navy employs bottlenose dolphins to locate underwater military equipment that can't yet be detected by machines. Using their ...

2 hours, 29 minutes ago
Views: 78 • Comments: 0
Tweets: 0 • Rating: 3; Vicious Babushka
Sole Survivor of 1987 Detroit Metro Crash Speaks Out in Documentary
More: Sole Survivor of Detroit Metro Airport Crash Speaks Out in Documentary Cecelia Crocker's body provides her with a constant reminder of the most traumatic event of her life - one that she doesn't otherwise remember. At only 4 years old, Crocker was the lone survivor of a 1987 plane crash that killed 154 people aboard and two on the ground near Detroit Metropolitan ...

4 hours, 44 minutes ago
Views: 111 • Comments: 0
Tweets: 2 • Rating: 0; Haywood Jabloeme
Growing, Lurking Threat: ‘Paper Terrorism’
How do you stop one anti-government extremist from coordinating a trillion dollar "paper terrorism" scheme involving a raft of false financial documents, or deal with another who sues prosecutors for allegedly conspiring against him by using poor grammar? This is the question that state governments and federal agencies are faced with, ever since a surge of people who consider themselves "sovereign citizens" began ...

5 hours, 4 minutes ago
Views: 82 • Comments: 0
Tweets: 0 • Rating: 0; chadu
Tim Minchin - Woody Allen Jesus
Tim Minchin's live performance of Woody Allen Jesus at the Coronet in London, November 2012. I am just amused.

12 hours, 46 minutes ago
Views: 116 • Comments: 0
Tweets: 5 • Rating: 0; thecommodore
Chris Hayes on AP Scandal: “Liberals, Listen Up.”
Very good commentary on the AP scandal by MSNBC's Chris Hayes. Video

22 hours, 30 minutes ago
Views: 261 • Comments: 1
Tweets: 0 • Rating: 2; theye1
The Greatest (Movie) Speech Ever Made
73 years later is still relevant and powerful as ever. It's also because of this movie that Charlie Chaplin was labelled a "premature anti-fascist."

2 days, 15 hours ago
Views: 375 • Comments: 9
Tweets: 0 • Rating: 7; Romantic Heretic
The Singing Ringing Tree
Some people built this strange looking statue in England. And this is what it sounds like. Youtube Video

2 days, 16 hours ago
Views: 133 • Comments: 1
Tweets: 0 • Rating: 2

Tweets by @Green_Footballs

Frank says:

My music is like a movie for your ear.