News Corporation has acquired a 49 percent stake in the YES Network.
A former Goldman Sachs and Procter & Gamble Co. board member convicted of insider trading has been sentenced to two years in prison.
Goldman Sachs will invest almost $10 million in a New York City jail program that will allow the investment firm to profit if it can reduce recidivism rates, city officials announced Thursday.
It was about one year ago, when gas prices were a lot lower than they are now, that U.S. Attorney General Eric Holder appointed a task force to look into possible fraud behind rising gas prices. But Sen. Blumenthal says he hasn’t heard anything from the task force.
Mayor Michael Bloomberg says the attention given to a Goldman Sachs’ employee’s scathing editorial about the company is “ridiculous.”
Two former Credit Suisse traders pleaded guilty to conspiracy and signed cooperation agreements Wednesday in a long-running probe of the federal sub-prime mortgage securities market that was expected to result in more arrests.
The protest followed a demonstration that took place on Monday outside of the offices of Goldman Sachs investment bank.
Jon Corzine stepped down Friday from running the securities firm that collapsed after his disastrous bets on European debt.
The drums were beating on Wall Street on Thursday, but they definitely weren’t in tune with Bloomberg’s latest thinking on the protest. He’s upset that the protesters don’t report crimes, like sex-related incidents, in Zuccotti Park to the police.
Rajat Gupta appeared in Manhattan federal court Wednesday morning to face criminal charges.
The movement has been getting support from some unlikely places and has spawned questions about what protestors are actually trying to achieve.
You don’t have to live in New York to be fed up with Wall Street. Now, the movement has found its way across the Hudson River.
The NYPD said that there were about a dozen arrests Wednesday night. Most of those were for disorderly conduct, but at least one arrest was as for assaulting a police officer. Police said a protester knocked an officer off his scooter.
Demonstrators are planning to gather Thursday afternoon in front of the Goldman Sachs offices in Jersey City, in the heart of the city’s financial district.
It’s a classic urban dilemma: you have a package coming that needs a signature, but you can’t be there and don’t have a doorman. So, what do you do?
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