Goldman Sachs

Geithner and Bernanke amid the Global Financial Crisis details the negative effects of the 2008 financial crisis and how The Federal Reserve and the Federal government took action in order to prevent further domestic economic turmoil and strife. Between the years of 2007- 2008 the United States fell into an economic recession which almost caused the entire financial institution to crumble down. It was the worst economic disaster since the Great Depression. The negative effects were present both…

The managerial-elite theory argues that the domain of power in society is controlled by a managerial elite. These managerial elite are few in numbers compared to the much larger mass which they have control over. The managerial elite are made up of three distinct groups, corporate elite, government elites, and the military elite. The president as well as top members of government are viewed as managerial elite. CEOs and board members are considered corporate managerial elite. Military elite are…

Contentment is great gain, for we brought nothing into the world, and we can take nothing out of it. Those who pursue wealth fall into temptation, harmful desires, ruin and destruction; for the love of money is the root of all evil (The New American Bible). This excerpt from the bible still holds true today. Some people in their effort to become wealthy will do anything to achieve wealth. The society today still equals wealth with power. Wealth in itself is not evil, it is the love of it that is…

Why Trump is Wrong about America “Make America Great Again.” This is one of the most publicized presidential campaign messages which also happens to be the fundamental basis platform of Donald Trump’s Presidential Campaign to put him in the White House. As history can tell us, this is an average Republican far tactic; trying to convince the public that the US is being bested by rival nations such as Russia, China, and Trump’s personal favorite, Mexico, because their leaders are “smarter, more…

Julissa Arce came from an unassuming background to a highly ranked employee at Goldman Sachs. Her story started in San Antonio where she went to a Catholic school. She eventually got placed in the honors track. However, many people did not like that she was originally from Mexico. One classmate had even asked how a Mexican could possibly keep up. She went to college and majored in finance. She worked her way to the ranks and eventually became a director at Merrill Lynch. While she was working…

These agencies and their “varying rules and standards led to certain entities not being regulated at all, with others subject to less oversight than their peer financial firms organized under different charters” (Morrison & Foerster, 2010, p. 6). After the financial crisis, analysts pointed to the “many regulatory failures” and gaps in oversight as the reason unethical and illegal practices were overlooked or ignored (Madrick, 2010, para. 3). As a result, the provisions set out by…

The American investment banking industry has come a long way since its emergence during the Civil War era. In essence, investment bankers are corporate financial advisors interested in assisting their clients with raising money in capital markets, involving themselves heavily in mergers and acquisitions activity, and they also offer different types of financial advisory services. Investment banks are very useful for companies looking to expand or to fund major projects, for example, if company X…

FEMINIST ELEMENTS IN CHETAN BHAGAT’S ONE INDIAN GIRL *Dr. M.Manikandan, Assistant Professor of English, J.J. College Of Arts And Science (Autonomous) Pudukkottai. E.mail: manimurugesan81@gmail.com Cell: 9865602636 ABSTRACT Chetan Bhagat is a writer who has definite ideas on the way social fabric is should be organized. He explores human relationships in relation to social, political and…

To everyone who says "I like Bernie, but I'm not voting for him... I'm voting for Hillary, she's just as good, and can win" Well allow me to explain why you're wrong. The last Clinton in office bent over for Wall Street when he repealed Glass-Steagall. This one will do the exact same. But most importantly, she won't regulate walstreet or big banking with real regulation. She's given a brief summary of her plan (that she has failed to elaborate on) which involves only a minor tweak to the already…

The crash had been building for a long time. This crash was the biggest crash in one day. Their were to banks that were standing in the major investment in September 21, 2008. The two banks that were standing were Goldman Sachs (NYSE:GS) and Morgan Stanley (NYSE:MS). There are converted from investment banks to bank holding companies in order to gain more flexibility for obtaining bailout funding. After a 10-day bank run a Federal Deposit Insurance Corporation (FDIC)…