Senate probe accuses Goldman of housing bust profits
A Senate inquiry finds Goldman Sachs planned profits from the housing melt down and misled investors in complex mortgage securities. Excerpts show emails where executives discuss keeping trades for themselves and potentially sharing with clients. CEO Lloyd Blankfein prepared remarks deny betting against clients amid a $1.2 billion loss in 2007 08.
MENTIONED IN THIS ARTICLE
Senate
Goldman
Washington
Goldman Sachs
Lloyd Blankfein
Congress
Blankfein
The
Securities and Exchange
Carl Levin
D-Mich
Perma
Nent
Paulson
Levin
Wal-Mart limits cadmium in kids products
Wal-Mart announced a voluntary policy to test and restrict cadmium in children jewelry craft kits toys bibs and pacifiers manufactured as of April 9 2005 The move follows AP investigations and comes as U S lawmakers and California consider tighter cadmium limits and the CPSC reviews potential rules.
MENTIONED IN THIS ARTICLE
Los Angeles
Wal- Mart
Wal-Mart Stores Inc
California
Senate
Wal-Mart
U.S. diners return as restaurant sales recover
American diners are resuming spending with bigger meals and shared desserts as restaurant traffic climbs across chains and independent eateries. Analysts cite a late January uptick and March gains, aided by tax refunds and warmer weather, with McDonald's Maggiano's Panera among notable improvements.
MENTIONED IN THIS ARTICLE
Chicago
Deleece
Brandon Canfield
Jefferies
Jeff Farmer
Farmer
NPD Group
McDonald's Corp
Brinker International Inc
Maggiano
Little Italy
Panera
Panera Bread Co
Ron Shaich
Bj’s Restaurants Inc
Arizona
Florida
Decline in U S Newspaper Circulation Slows
U S newspapers report continued circulation declines with a slower drop in weekday readers 8.7 percent and Sundays 6.5 percent for the six months ending March 31 2024 versus the previous year. Pump prices edge up while wholesale costs rise. Major food firms join the National Salt Reduction Initiative led by New York City Mayor Bloomberg.
MENTIONED IN THIS ARTICLE
New York
U.S
Audit Bureau of Circulations
HJ. Heinz Co
Kraft Foods Inc
Starbucks
New York City
Michael Bloomberg
Mutua Funds
Init
American
BalAm MA
BondAm Cl
Capincbua Mih
Grthama m LG
Incamera m MA
Invcoama m LB
NewPerson m WS
WAMutInvAm_ LV
Dodge & Cox IntiStk F
Fidelity GrowCo MB
Fidelity LowPriStk
Frank Temp-Franklin Income A
M CA
PIMCO
Vanguard
Vanguard Wellin MA
Morningstar
Doe
SEC
The
Associated Press
Supreme Court to weigh free speech vs protecting children from violent games
The court will consider reinstating California’s 2005 ban on selling or renting violent video games to minors. The 9th Circuit struck it down for infringing minors’ rights, while California Gov. Schwarzenegger supports review. The case mirrors current free speech debates after the animal cruelty ruling.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
California
U.S. Circuit Court of Appeals
San Francisco
Arnold Schwarzenegger
High Court
Also Mentioned on This Page
Senate Investigations Subcommittee
Sen
Capitol Hill
Justin Pritchard and
Natasha Metzler
Ashley M. Heber
Joyce Smith
Vail
Ariz
the Market IN Review
Dow Jones
Stock Exchange
Dow Industrials
Dow Transportation
Dow Utilities
Amex
NYSE
S&p
Wilshire
Russell
Nyse Amex Naspaaq
Farrow
Landrys
FrontFars
Wuxi
BkGranite
Titan Intl
Ekodak
CompThh
Monichcb
IndeoFed If
Incopr DollarTh
Adventrers
Paccape
ChinaSecur
DGSE
BannerCp
ChRvLab
CheniereEn
BlackRock
GenMoly
Dell Inc
Popular
AschMotn
SprintNex
LibAcg
Lvsands NY
AmbacFh
Agreet NY
Limited
BkofAm NY
Lowes NY
BobEvn Nash
Mgmmir NY
BostonSci NY
McDnids NY
CedarFa
Merck NY
Cemex
Microsoft
NokiaCp NY
Citigrp
Nordson Nasd
Daimler Y
Northropg NY
Darden NY
PMI Grp NY
Dell Inc Nasd
PNC NY
Diebold NY
DineEquity NY
ParkerHan NY
Dirfbear Rs NY
Penney NY
Etrade Nash
Pfizer NY
PolyOne NY
EmersonEl NY
FannieMae
ProdGam NY
FistPlce
Goldmans NY
Siriusxm
H Nash
Goodrich NY
Smucker NY
Hertz NY
SprintNex NY
SPDR
Ishemkts NY
WalMart NY
Ishr2k NY
Weathfind NY
Intel Nasd
Wells Fargo NY
Bnep
Sweet Crude
NYMX
New York Mercantile Exchange
Chicago Board of Trade
CME
Chicago Mercantile Pork Bellies
NYBT
New York Board of Trade Sugar (World