Goldman Sachs shares dip, but analysts upbeat
Wall Street analysts maintained positive views Monday on Goldman Sachs, even though the investment bank’s shares continued to take a hit because it faces civil fraud charges.
Wall St suspects GOLDMAN SACHS charges ‘not coincidental’ to financial reform effort
Barclays banking analyst Roger Freeman comes right out and blasts the SEC effort as “a well-timed, and perhaps not coincidental, effort to sway some on-the-fence Republicans” to get tough on financial reform.
GOLDMAN ‘would be enriched’ by Dodd bill
President Obama and Senate Banking Committee Chairman Chris Dodd (D-Conn.) are pushing a bill would reward the firm with potentially billions of dollars by instituting a so-called “resolution authority” that would, in practice, be a permanent bailout fund.
Full post by John Berlau