Greg Palm

Greg Palm News

  • Goldman Sachs Investors Re-Elect Company’s Directors, Approve ‘Say-on-Pay’

    Goldman Sachs Group Inc. , the fifth- biggest U.S. bank by assets, said shareholders re-elected the company’s directors and approved a compensation plan for top executives.

  • Scrutiny of Goldman’s Board Focusing on Silence Over Conflicts

    Greg Palm , Goldman Sachs Group Inc. general counsel, took a call in his 37th-floor office at One New York Plaza on Dec. 16, 2008. It was his old boss, Stephen Friedman , a former Goldman chairman who was then head of the audit committee of its board of directors. Goldman’s stock was down 65 percent from its 52-week high during an accelerating global financial breakdown.

  • Goldman's Silent Board

    Amid a storm of criticism, government investigations and an SEC suit, the investment bank’s outside directors have failed to speak out.

  • Goldman Tried to Sell Its Piece of Abacus

    Goldman Sachs Group Inc., which is facing a fraud suit from the U.S. Securities and Exchange Commission over its sale of a mortgage-linked security in 2007, tried to get rid of its portion of the deal, a lawyer for the firm said.

  • Goldman Says SEC Case Hinges on One Employee's Actions

    Goldman Sachs Group Inc. said the U.S. fraud case against the firm hinges on the actions of the employee it placed on paid leave this week.

  • Goldman, Citigroup, AIG, IKB, Galleon in Court News

    Goldman Sachs Group Inc. has signaled it will fight a U.S. lawsuit over subprime mortgage instruments the same way Bank of America Corp.’s Merrill Lynch unit and UBS AG have challenged similar claims -- by invoking the concept of caveat emptor: Latin for buyer beware.

  • Goldman Says It Didn't Mislead Investors

    Goldman Sachs Group Inc., facing a fraud lawsuit from U.S. regulators, reported that net income almost doubled in the first quarter and said it didn’t mislead investors.

  • Goldman Takes Little Blame in Senate Defense: Ann Woolner

    For a moment last week as the Goldman Sachs drama unfolded, it looked as if the bank might defend itself against a sensational civil fraud charge by hanging out to dry one of its vice presidents, the fabulous Frenchman, Fabrice Tourre .

  • Blankfein Won't Step Down, Says Goldman to Bolster Standards

    Goldman Sachs Group Inc. shareholders re-elected Chief Executive Officer Lloyd Blankfein as chairman and voted against splitting the two roles after Blankfein said he has “no current plans” to step down.

  • Suit Won’t Make Goldman Fly Straight: Jonathan Weil (Correct)

    The satraps of Capitol Hill don’t have much taste for aggressive financial reform. They do have a certain talent, however, for the theater of aggressive reform. And when Goldman Sachs CEO Lloyd Blankfein settles in at the witness table of the Senate Permanent Subcommittee on Investigations on Tuesday, that’s what they’ll try to deliver: a moment that crystallizes three years of global disgust with the smart money boys who seem to have played the rest of us for fools.

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