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Microsoft partners with electonics firms

REDMOND, Wash., Jan. 6 (UPI) -- Microsoft used a Nevada trade show to reveal cooperative ventures with consumer electronics firms to hike its software use in digital media and entertainment.

Analysis: China to drive luxury industry

SINGAPORE, Jan. 5 (UPI) -- China represents the third most important customer base for the luxury goods industry, accounting for an estimated 12 percent of global sales of the biggest bra
SONIA KOLESNIKOV-JESSOP, UPI Business Correspondent

Holiday online shopping hits $23 billion

ROCHESTER, N.Y., Jan. 3 (UPI) -- U.S. holiday shoppers spent $23.2 billion online in 2004, up 25 percent from last year, research released Monday by Harris Interactive shows.

Wyndham to sell 25 hotels

DALLAS, Dec. 31 (UPI) -- Wyndham International of Dallas Friday said it will sell 25 hotels for $366 million to Goldman Sachs Group and affiliates of Highgate Holdings.

California sues Edward Jones in fraud case

LOS ANGELES, Dec. 21 (UPI) -- California is suing broker Edward Jones & Co. for allegedly defrauding investors by not fully revealing sales arrangements with seven favored mutual funds.

Online holiday spending up from last year

ROCHESTER, D.C., Dec. 20 (UPI) -- U.S. holiday Web shoppers spent $16.7 billion this year, up 28 percent from year-ago figures, Rochester, N.Y.-based Harris Interactive said Monday.

Bigger bonuses expected on Wall Street

NEW YORK, Dec. 17 (UPI) -- Based on reports from brokerage houses, bonuses at Wall Street firms will increase significantly this year.

Fairpoint cuts IPO size

CHARLOTTE, N.C., Dec. 16 (UPI) -- FairPoint Communications of Charlotte, N.C., Thursday cut the size of its pending initial public offering to $575 million from $773.3 million.

Analysis: Further tightening months away

SINGAPORE, Dec. 13 (UPI) -- The latest inflation data in China point that further tightening in monetary policies are now at least months away and that the impact of the administrative tig
SONIA KOLESNIKOV-JESSOP, UPI Business Correspondent

APP settles part of massive debt deal

SINGAPORE, Dec. 7 (UPI) -- Singapore-based Asia Pulp & Paper Co. has obtained approval from its creditors for the restructuring of most of the debts owed by its Indonesian units.

Online shopping hits $8.8 billion

ROCHESTER, N.Y., Dec. 6 (UPI) -- Online shoppers spent $8.8 billion during November, up 19 percent from 2003, Rochester, N.Y.-based polling firm Harris Interactive said Monday.

ExlService files IPO

NEW YORK, Dec. 6 (UPI) -- ExlService Holdings of New York Monday filed an initial public offering to sell up to $75 million in common stock.

Beijing's CAO sold stake to cover losses

SINGAPORE, Dec. 3 (UPI) -- State-owned China Aviation Oil reportedly has sold a stake in its listed Singapore subsidiary to cover mounting derivative losses.

Corzine ready to run for N.J. governor

NEW YORK, Nov. 26 (UPI) -- New Jersey's senior Democratic lawmaker, U.S. Sen. Jon Corzine, is expected to announce his candidacy for governor, the New York Daily News said Friday.

Asian Stock: The week that was

SINGAPORE, Nov. 26 (UPI) -- The U.S. dollar on going's fall against Asian currencies pressured most stock markets as investors fret about the region's loss of competitiveness and how corpo
SONIA KOLESNIKOV-JESSOP, UPI Business Correspondent
Page 26 of 45
Photos
Goldman Sachs
Former Partner and Head of the Mortgages Department Daniel Sparks, former Managing Director of the Structured Products Group Trading Joshua Birnbaum, current Managing Director of the Structured Products Group Trading Michael Swenson, and Executive Director of the Structured Products Group Trading Fabrice Tourre (L to R) are sworn in prior to testifying before a Senate Homeland Security and Governmental Affairs Committee hearing on Goldman Sachs' role in the financial crises on Capitol Hill in Washington on April 27, 2010. UPI/Roger L. Wollenberg
Wiki

The Goldman Sachs Group, Inc. is a global investment banking and securities firm which engages in investment banking, securities services, investment management and other financial services primarily with institutional clients. Goldman Sachs was founded in 1869, and is headquartered at 200 West Street, in the Lower Manhattan area of New York City. The firm has offices in all major international financial centers, and provides mergers and acquisitions advice, underwriting services, asset management, and securities services to its clients, which include corporations, governments and high net worth individuals around the world. The firm also engages in proprietary trading and private equity deals. It is a primary dealer in the United States Treasury security market.

Former employees Robert Rubin and Henry Paulson served as United States Secretary of the Treasury after leaving the firm; Rubin under President Bill Clinton and Paulson under George W. Bush.

Goldman Sachs was founded in 1869 by German immigrant Marcus Goldman. In 1882, Goldman's son-in-law Samuel Sachs joined the firm. In 1885, Goldman took his son Henry and his son-in-law Ludwig Dreyfuss into the business and the firm adopted its present name, Goldman Sachs & Co. The company made a name for itself pioneering the use of commercial paper for entrepreneurs and was invited to join the New York Stock Exchange in 1896.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Goldman Sachs."
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