Topic “Goldman Sachs Group Inc.”

Wall Street has taken its lumps in Washington recently and Goldman Sachs has become everyone’s whipping boy, but hedge funds and private equity firms have escaped relatively unscathed.

Stepping up the pressure on Goldman Sachs two days after its executives were grilled and publicly rebuked by lawmakers, the Justice Department has opened a criminal investigation of the Wall Street powerhouse over mortgage securities deals it arranged.

Lawmakers have been haggling over financial reform for 18 months, but it took Goldman Sachs just one day to get it done.

WASHINGTON—Goldman Sachs Group Inc. is lobbying hard to kill a provision in financial industry overhaul legislation requiring big banks to sell off their derivatives-trading businesses, and rival banks are welcoming the help, shrugging off attacks on the firm by lawmakers and securities regulators.

It was a day of public flogging for Goldman Sachs.

Summoned to a Senate panel examining the firm's role in the financial crisis, Goldman executives endured a 11-hour excoriation that crystallized the wide gulf between Washington's view of the storied investment bank and Goldman's view of itself.

The pressure on federal investigators to bring financial fraud cases showed up on literally on the Justice Department’s doorstep today.

Republicans may lose the fight over Wall Street regulations, but the fight has helped their campaign accounts.

For the first time since 2004, the biggest Wall Street firms are now giving most of their campaign donations to Republicans.

WASHINGTON (AP) -- The CEO of Goldman Sachs and other executives from the Wall Street powerhouse are coming before Congress Tuesday, just days after the government accused the firm of fraud.

April 26 (Bloomberg) -- Just past midnight on May 3, 2005, Standard & Poor’s analyst Chui Ng e-mailed co-workers to broker a solution to demands by Goldman Sachs Group Inc. bankers that he said violated two or more of the ratings company’s internal guidelines.

As the U.S. housing market began its epic fall nearly three years ago, top executives at Wall Street powerhouse Goldman Sachs cheered the large financial gains the firm stood to make on certain bets it had placed, according to newly released documents.