7.28.22
“We’re seeing a sharp and necessary deceleration rather than a recession,” said David Mericle, chief U.S. economist at Goldman Sachs, adding that slower growth is needed to rebalance the economy’s supply and demand for goods and services, and cool wage growth and inflation. “I wouldn’t say we seem to be in contractionary territory on a go-forward basis,” he added.
—Harriet Torry, The Wall Street Journal, "U.S. GDP Fell at 0.9% Annual Rate Second Quarter; Recession Fears Loom Over Economy," 28 Jul. 2022
“We’re seeing a sharp and necessary deceleration rather than a recession,” said David Mericle, chief U.S. economist at Goldman Sachs, adding that slower growth is needed to rebalance the economy’s supply and demand for goods and services, and cool wage growth and inflation. “I wouldn’t say we seem to be in contractionary territory on a go-forward basis,” he added.
—Harriet Torry, The Wall Street Journal, "U.S. GDP Fell at 0.9% Annual Rate Second Quarter; Recession Fears Loom Over Economy," 28 Jul. 2022
6.26.22
Americans’ views of economy, finances worsen: poll
—Zach Schonfeld // The Hill // 26 Jun. 2022 // 4:51 PM ET
Americans’ views of economy, finances worsen: poll
—Zach Schonfeld // The Hill // 26 Jun. 2022 // 4:51 PM ET
4.8.22
Ex-Goldman Sachs banker convicted in $4.5B plot to loot 1MDB fund
—Tom Hays // The Associated Press // 8 Apr. 2022 // 2:41 PM ET
Ex-Goldman Sachs banker convicted in $4.5B plot to loot 1MDB fund
—Tom Hays // The Associated Press // 8 Apr. 2022 // 2:41 PM ET
12.26.21
Full interview: Vice President Kamala Harris on "Face the Nation"
—Face the Nation // 26 Dec. 2021 // 31 minutes 13 seconds
Full interview: Vice President Kamala Harris on "Face the Nation"
—Face the Nation // 26 Dec. 2021 // 31 minutes 13 seconds
10.1.21
Ozy came under intense scrutiny this week after the Times published an article revealing that the company’s chief operating officer, Samir Rao, had impersonated a YouTube staffer during a conference call with potential investors from Goldman Sachs. Ozy co-founder Carlos Watson later apologized to Goldman Sachs and said Rao had gone through a mental health crisis, the Times reported.
—Jordan Williams, The Hill, "Ozy Media shutting down," 1 Oct. 2021 {5:56 PM EDT}
Ozy came under intense scrutiny this week after the Times published an article revealing that the company’s chief operating officer, Samir Rao, had impersonated a YouTube staffer during a conference call with potential investors from Goldman Sachs. Ozy co-founder Carlos Watson later apologized to Goldman Sachs and said Rao had gone through a mental health crisis, the Times reported.
—Jordan Williams, The Hill, "Ozy Media shutting down," 1 Oct. 2021 {5:56 PM EDT}
3.30.21
Warren calls for more oversight, transparency after Archegos fire sale
—Jordan Williams // The Hill // 30 Mar. 2021 // 4:42 PM EDT
3.5.21
Goldman Sachs commits to net-zero emissions by 2030
—Zack Budryk // The Hill // 5 Mar. 2021 // 3:18 PM EST
Warren calls for more oversight, transparency after Archegos fire sale
—Jordan Williams // The Hill // 30 Mar. 2021 // 4:42 PM EDT
3.5.21
Goldman Sachs commits to net-zero emissions by 2030
—Zack Budryk // The Hill // 5 Mar. 2021 // 3:18 PM EST
1.1.21
Yellen, whom progressives praised when Biden named her as the Treasury nominee, made millions in speaking fees from Citi, Goldman Sachs, Google, City National Bank, UBS, Citadel LLC, Barclays, Credit Suisse, Salesforce and others. For Citi alone, she received $1 million for nine speeches, and for Citadel, a hedge fund founded by a Republican donor, she received more than $800,000.
—Justine Coleman, The Hill, "Yellen, Blinken made more than $1M from corporate speeches, clients: financial disclosures," 1 Jan. 2021 {10:20 AM EST}
Yellen, whom progressives praised when Biden named her as the Treasury nominee, made millions in speaking fees from Citi, Goldman Sachs, Google, City National Bank, UBS, Citadel LLC, Barclays, Credit Suisse, Salesforce and others. For Citi alone, she received $1 million for nine speeches, and for Citadel, a hedge fund founded by a Republican donor, she received more than $800,000.
—Justine Coleman, The Hill, "Yellen, Blinken made more than $1M from corporate speeches, clients: financial disclosures," 1 Jan. 2021 {10:20 AM EST}
11.24.20
Separately, more than 160 CEOs and leaders of major New York-based companies such as Goldman Sachs, Visa, Mastercard, BlackRock and Deloitte published a letter on Monday calling on Trump to agree to an orderly transition.
—Alexander Bolton, The Hill, "Trump transition order follows chorus of GOP criticism," 24 Nov. 2020 {6:00 AM EST}
Separately, more than 160 CEOs and leaders of major New York-based companies such as Goldman Sachs, Visa, Mastercard, BlackRock and Deloitte published a letter on Monday calling on Trump to agree to an orderly transition.
—Alexander Bolton, The Hill, "Trump transition order follows chorus of GOP criticism," 24 Nov. 2020 {6:00 AM EST}
10.22.20
Goldman Sachs will pay $2.9B to settle foreign bribery charges
—Sylvan Lane // The Hill // 22 Oct. 2020 // 2:02 PM EDT
10.1.20
Insurance company Allstate said it would lay off about 3,800 people, while publisher Houghton Mifflin Harcourt said it was cutting 22 percent of its workforce, or about 525 positions. Goldman Sachs said it was cutting 400 jobs.
—Mike Lillis & Scott Wong, The Hill, "House approves $2.2T COVID-19 relief bill as White House talks stall," 1 Oct. 2020 {8:11 PM EDT}
Goldman Sachs will pay $2.9B to settle foreign bribery charges
—Sylvan Lane // The Hill // 22 Oct. 2020 // 2:02 PM EDT
10.1.20
Insurance company Allstate said it would lay off about 3,800 people, while publisher Houghton Mifflin Harcourt said it was cutting 22 percent of its workforce, or about 525 positions. Goldman Sachs said it was cutting 400 jobs.
—Mike Lillis & Scott Wong, The Hill, "House approves $2.2T COVID-19 relief bill as White House talks stall," 1 Oct. 2020 {8:11 PM EDT}
3.20.20
Goldman Sachs says GDP could fall 24 percent in second quarter
—Niv Elis // The Hill // 20 Mar. 2020 // 12:49 PM EDT
Goldman Sachs says GDP could fall 24 percent in second quarter
—Niv Elis // The Hill // 20 Mar. 2020 // 12:49 PM EDT