Michael Farr

U.S. Stocks Rise Amid Japan Stimulus, American Home Data

U.S. stocks rose, snapping a two- day decline in the Standard & Poor’s 500 Index, as the Bank of Japan increased its asset-purchase target and sales of existing American homes rose more than forecast.

Goldman Sachs Profit Drops 82%, Missing Analysts' Estimates

Goldman Sachs Group Inc. said second-quarter profit dropped 82 percent, missing analysts’ estimates on a slide in trading revenue five days after settling U.S. regulators’ fraud allegations.

Wall Street CEO Pay Rises 20% With KKR’s Kravis No. 1

In October 2010, private-equity baron Henry Roberts Kravis, in one of the grandest gestures of his life, pledged $100 million to his alma mater, Columbia Business School, to help pay for the expansion of its upper Manhattan campus. His ability to throw that kind of cash around was helped by the start of trading of his buyout company, KKR & Co., on the New York Stock Exchange three months earlier.

Goldman Stock, Board Under Pressure as Probes Widen

Goldman Sachs Group Inc.’s stock price may fall and the board could come under pressure to change managers after European politicians followed a U.S. fraud suit with plans to scrutinize the firm, investors said.

Goldman Stock, Board Under Pressure as Probes Widen

Goldman Sachs Group Inc.’s stock may drop and the board could come under pressure to change managers after European politicians followed a U.S. fraud suit with their own plans to scrutinize the firm, investors said.

Lehman Still Haunts Wall Street Efforts to Rebuild Broken Model

Two years after Lehman Brothers Holdings Inc. collapsed under $613 billion of debt, investors are questioning whether the investment-banking model that fueled record profits in the middle of the decade can be repaired.

Goldman Efforts to Burnish Image May Be Undermined by Facebook

Just as Goldman Sachs Group Inc. prepares to unveil business standards aimed at improving its reputation after settling fraud charges last year, the Facebook Inc. stock sale to clients shines new light on the firm’s potential conflicts of interest.

"Markets are relying a lot on the support of central banks to stay alive here."

- Michael Farr on Sep 19, 2012

New York

Lloyd Blankfein

Warren Buffett

Kobe Bryant Sued Over Bid to Block Mom’s Memorabilia Sale

Berkshire Cash Hits Record $49.1 Billion as Profit Climbs

Vinik to Shut Hedge-Fund Business to Focus on Hockey Team

Payrolls in U.S. Rise 165,000 as Unemployment Rate Drops

U.S. Stocks Climb to Record as Jobs Growth Tops Forecasts