Commodities Forex News & Analysis

Goldman Sachs

Answer to the Questions about Facebook

I usually do not like to talk about any specific stock, but due to the amount of inquiries on the Facebook IPO, I have made an exception this time. Facebook’s IPO price was set at $38 and the opening price was at $42. At the time of this article, it is trading around $39. Where [...]

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China Contracting and Goldman Said to Sell USD/Yen

Overnight, China’s manufacturing data showed a slowdown in the Chinese economy dragging global markets lower today. Concerns over the Chinese economy is nothing new and recent economic data out of China does suggest the Chinese economy is contracting. The Shanghai index is slowly giving up recent gains and is trading below the 2,400 level. The [...]

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Corzine, a Shakespearean Tragedy?

Jon Corzine, former head of Goldman Sachs, former Senator and Governor of New Jersey and ex-CEO of the failed financial firm, MF Global. A man who has accomplished more in his lifetime than most has fallen so hard it is truly a tragedy. Since the bankruptcy of MF Global and missing billions of dollars in [...]

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Goldman Sachs

Financial giant Goldman Sachs showed a loss in the latest quarter for the first time since the 2008 financial crisis. Goldman was the Wall Street firm that was looked upon as being able to make money in any economic condition. It is also the target of the Wall Street Protests because it symbolizes Wall Street [...]

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