David Heller

Rajaratnam Bought Goldman, Smiled, Gupta Witness Says

Galleon Group LLC co-founder Raj Rajaratnam smiled when the stock market closed after receiving a phone call that spurred his hedge fund to hurriedly buy Goldman Sachs Group Inc. shares, a witness at the Rajat Gupta trial testified.

Rajaratnam Bought Goldman, Smiled, Gupta Witness Says

Raj Rajaratnam, co-founder of the hedge fund Galleon Group LLC, smiled when the stock market closed after he got a phone call that spurred his hedge fund to hurriedly buy Goldman Sachs Group Inc. shares, a witness at the Rajat Gupta trial testified.

Gorman Embracing Vegemite in New Wall Street’s 15% Bogey at Morgan Stanley

James Gorman strides across the stage of the auditorium on the top floor of Morgan Stanley’s Times Square headquarters. It’s late October, and he’s in the midst of the second investor revolt he’s been through in three years -- the first one coming during the financial upheaval of 2008.

Schwarzman Backs Romney as Wall Street Turns

Stephen Schwarzman, chairman of the world’s largest private-equity firm, will host a fundraiser for Mitt Romney at his Park Avenue apartment next month, a sign that the Republican presidential candidate is closing the sale with Wall Street’s wealthiest donors.

Mets Get Three Bidders Who Meet Acceptable Terms, N.Y. Post Says

The New York Mets have received interest from three parties who might be willing to acquire a minority stake in the team according to terms the owners find acceptable, the New York Post reported, citing unidentified people close to the auction.

Hedge-Fund Billionaire Steve Cohen Said to Be Among Bidders for Mets Stake

U.S. hedge fund billionaire Steve Cohen is among the bidders for a minority stake in the New York Mets, according to a person familiar with the effort.

Goldman Partners Give Blankfein Standing Ovation

Goldman Sachs Group Inc. ’s employee morale remains good and Chief Executive Officer Lloyd Blankfein received a standing ovation from partners at an April 20 earnings call, analyst Brad Hintz told clients.

Goldman Announces New Business Standards Committe

Goldman Sachs Group Inc. , the Wall Street firm facing a fraud lawsuit from the U.S. Securities and Exchange Commission, named E. Gerald Corrigan and J. Michael Evans to oversee a new business standards committee.

Democratic Policy Group Would Cut Social Security for Top Earners in U.S.

A Democratic-led policy group is defying party history by proposing changes to Social Security to pave the way for recommendations this week by President Barack Obama ’s deficit-cutting commission.

Goldman Sachs Losing Fixed-Income Trading Edge as Risk Falls

Goldman Sachs Group Inc. is losing its edge in fixed-income trading, the firm’s biggest business and the one that led to record earnings last year.

New York

Gary Cohn

Lloyd Blankfein

Hon Hai Profit Misses Estimates on Slowing Apple Orders

Shell Targeted With BP in EU Price Fixing Probe for Oil: Energy

Pentagon Furloughs of 680,000 Seeks to Save $1.8 Billion

Asian Stocks Advances as Nikkei 225 Surges Above 15,000

IRS Sent Same Letter to Democrats That Fed Tea Party Row