Goldman Sachs Links and News - November 19, 2009

Editors Comment:  As I reported in my post yesterday, the buzz around the media and blogs today would be about Goldman's PR offer of help and aid to small business.  I was right as you will see as you scroll down today's links.  We hae yet to see a corporate image as tarnished worldwide from anyone still in business and operating globally daily.  You will see that we along with many others in major media have very similar opinions.  

Goldman Sachs is their own worst enemy when it comes to improving their image. Their CEO, Lloyd Blankfein does not appear to be helping his company's image either.  If he has a speech writer he needs to fire him or her.  If he has a Public Relations firm, they need to be terminated as well.  What Goldman needs is someone who is not blinded or directed by them. They need independent persons or firms who can help them mend their ways by utilizing their vast amounts of money in positive ways.

I am not against Capitalism nor the pursuit of happiness as long as it does not negatively impact a society.   If. in fact, they did wrong as he admitted, they must make more honest and earnest attempts at amends.  I would welcome a call from Mr. Blankfein to discuss this.

Mr. Blankfein, the American people - your people and your country - need help.  You have power, money and .the ability.  Why not use it to save your nation?   Your comments are welcome here or you can contnact me directly at info@gold666.org.

Today's Links:

Goldman Sachs makes 272 managing directors-source
Reuters
NEW YORK, Nov 19 (Reuters) - Goldman Sachs Group Inc (GS.N), in the spotlight over its controversial plans to pay billions of dollars in year-end bonuses to ...

Meet Goldman Sachs's Newest Managing Directors
Wall Street Journal (blog)
Deal Journal colleague Joe Bel Bruno reports that Goldman Sachs named the bankers offered managing-director positions, putting those 272 employees on the ...

GS a short? And five reasons we hate Goldman Sachs
MarketWatch
Here are five reasons why we want Goldman Sachs destroyed and buried so we can dance on its grave and why these crony apologists are wrong when they say ...

Is Goldman Sachs CEO Lloyd Blankfein a Liar? : NO QUARTER
By Larry Doyle
For more than a year, Goldman Sachs Group Inc. has maintained that it wouldn't have suffered material losses had the government allowed one of its major trading partners, American International Group Inc., to collapse. ...

Whitney Says Goldman Sachs Lost 'Tremendous' Talent
Bloomberg
19 (Bloomberg) -- Meredith Whitney, founder of Meredith Whitney Advisory Group, said Goldman Sachs Group Inc. has lost some of its top-performing employees ...

The Nation: Charitable Capitalism
NPR
by William Greider Protestors gather during a rally against Goldman Sachs, demanding they redirect bonuses, Monday, Nov. 16, 2009, in Washington. ...

Is Goldman Sachs About To Drag Down The Federal Reserve?
Prison Planet.com
Goldman Sachs, which lately has been caught in a toxic spiral of potential misrepresentations (courtesy of the SIGTARP report which plainly refuted the ...

Sam Gustin: Charity case: Goldman Sachs, Warren Buffett launch ...
By Sam Gustin
Just over 100 years ago, the sociologist Max Weber wrote his seminal book, The Protestant Ethic and the Spirit of Capitalism, in which he portrayed the pursuit of profit as virtuous and described work as a kind of religious duty.

Goldman Sachs CEO Lloyd Blankfein apologizes and says he's sorry ...
By Barbara Kiviat
Goldman Sachs CEO Lloyd Blankfein is sorry. Speaking yesterday at a conference sponsored by Directorship magazine (which has named him CEO of the Year), Blankfein expressed remorse for the firm's role in helping to bring the country to ...

Goldman Sachs CEO: I'm Sorry, Now Let's Do Business Together ...
By Daniel M. Harrison
There are few firms more emotive to the average consumer right now than Goldman Sachs (GS). With the announcement Tuesday that it is teaming up with m.

Wonk Room » Goldman Sachs Apologizes, Pledges 'Equivalent Of One ...
By Pat G.
Acknowledging that maybe he isn't always “doing God's work,” Goldman Sachs CEO Lloyd Blankfein yesterday took some responsibility for his company's role in the economic crisis. “We participated in things that were clearly wrong and have ...

Charity case: Goldman Sachs, Warren Buffett launch small-biz ...
By Sam Gustin
Weber comes to mind thinking of the recent comment from Goldman Sachs (GS) Chairman and CEO Lloyd Blankfein (pictured) that the world's most successful bank is doing "God's work." It's hard to imagine that $16.7 billion in executive ...

Charity case: Goldman Sachs, Warren Buffett launch small-biz ...
By Sam Gustin
Weber comes to mind thinking of the recent comment from Goldman Sachs (GS) Chairman and CEO Lloyd Blankfein (pictured) that the world's most successful bank is doing "God's work." It's hard to imagine that $16.7 billion in executive ...

Small Businesses Turn to Goldman
Wall Street Journal
By MIKE SPECTOR When Jay Richardson heard that Goldman Sachs Group Inc. and Warren Buffett were teaming to funnel millions to small businesses, ...

Goldman Sachs' Drop In The Bucket
Huffington Post (blog)
On Tuesday, Goldman Sachs announced it would commit $500 million to help small businesses, garnering the financial giant headlines and buzz for its altruism ...