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Category Archives: Wall Street
Did Goldman Sachs have a favorable article placed in the NY Times?
March 11, 2010 The NY Times printed an article on March 10 that was favorable to Goldman Sachs. Any positive article about Goldman Sachs these days is noteworthy. The story, written by Peter Carbonara, mentioned how Goldman was helping small … Continue reading
Goldman Sachs angering its new neighbors
December 1, 2009 When it rains it pours. In addition to the horrendous bad publicity that Goldman Sachs has endured on the national scene leading to an apology by the CEO, their new several-billion-dollar skyscraper headquarters being completed in Battery … Continue reading
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Good news for the NYC economy soon?
October 14 It is being reported that Wall Street is expected to pay out the largest total in salaries ever: more than $140 Billion. This will, of course, directly impact the struggling NYC economy. (more…)
The commercial real estate bubble
October 6 The other shoe to drop for New York City will be the massive rate of defaults on commercial real estate loans. Up to a trillion dollars in loans could go unpaid within the next year or two. Will … Continue reading