Posts Tagged Goldman Sachs

Harris Interactive releases it’s list of the 10 worst companies in America

The 12th Annual Harris Interactive Reputation Quotient Study, a survey of American’s perceptions of businesses is always interesting. The number one company in U.S. in the American public’s eye: Google. Apple placed 6th. Here though, for your viewing (and moaning pleasure) is the 10 worst companies in America:

10. Delta Airlines
9. JP Morgan Chase
8. ExxonMobil
7. General Motors
6. Bank of America
5. Chrysler
4. Citigroup
3. Goldman Sachs
2. BP

And the worst company in America?

1. AIG

I don’t think it comes as surprise that 5 of these are financial institutions that contributed to the current economic meltdown AND took bail-out money to reward themselves with. I also don’t think it comes as any surprise that not a single one of them care what you think or the results of this survey.

, , , , , , ,

Leave a Comment

Goldman Sachs fined $650,000 for not disclosing Wells Notices

This is how Wall Street rewards the illegal activities of it’s own: Goldman Sachs was fined $650,000 for not disclosing two Wells Notices served upon two if it’s representatives, one of which was Fabrice Tourre.

A Wells Notice is a letter that the U.S. Securities and Exchange Commission (SEC) sends to people or firms when it is planning to bring an enforcement action against them.

Wall Street reacted to the announcement by rewarding Goldman Sachs with a $0.13 raise in their stock.

, , , , , , ,

Leave a Comment