The $215 million deal made headlines, but the industry pay gap persists, along with new cases of sexual harassment.
Goldman Sachs
Posted inEconomic Policy
Capitalists Against Capital Standards for Banks
How the biggest banks are using community bankers to front for the self-interest of Wall Street in trying to weaken the rules
Posted inTAP
Inflation Is Actually Subsiding
Today on TAP: The stock market, financial writers, and the Fed have one thing in common: excessive gloom.
Posted inMoney, Politics, and Power
John Fetterman vs. Every Predatory Financier in America
Wall Street money rains on the Pennsylvania Senate race.
Posted inLaw and Justice
Goldman Sachs Finds No Problem With Forced Arbitration
A review conducted by the law firm that represented Jeffrey Epstein determines that Goldman blocking employee access to courts is no problem.
Posted inEnergy and the Environment
John Kerry Must Choose: Wall Street or the Planet
Biden’s global climate change envoy shouldn’t count on the banks to end their investments in fossil fuels.
Posted inMoney, Politics, and Power
Gangster Antitrust and the Conservative Fight to Burn Fossil Fuels
An op-ed calling financial-industry resistance to financing oil and gas production an antitrust violation reflects a troubling trend of using antitrust for political ends.
Posted inMoney, Politics, and Power
Goldman Sachs’s Still Unpunished Adventures in Malaysia
The mega-bank has been negotiating a settlement in the extravagant 1MDB fraud scheme. But the case, which impoverished a whole country, reveals that Goldman remains unreformed, unchained, and too big to regulate.
Posted inMoney, Politics, and Power
Goldman Sachs’s Shell Game
The mega-bank has created 61 different off-balance-sheet corporations with help from companies based in the Cayman Islands. That looks in no way shady!
Posted inEnergy and the Environment
JPMorgan Concedes It’s Trying to Buy an Electric Utility
The bank had denied for months that it was behind the sale of El Paso Electric.