kottke.org

...is a weblog about the liberal arts 2.0 edited by Jason Kottke since March 1998 (archives). You can read about me and kottke.org here. If you've got questions, concerns, or interesting links, send them along.

3 kottke.org posts about goldmansachs

 

Yay! Today is sub-prime mortgage day on

Yay! Today is sub-prime mortgage day on kottke.org, I guess. The collapse of the sub-prime mortgage market took everyone on Wall Street by surprise...except Goldman Sachs, which earned $11.6 billion in 2007 when everyone else lost money. How'd they do it? Michael Lewis says that Goldman went against the flow in shorting sub-prime mortgages by assuming that the entire rest of the industry, including their own expert and extremely well-paid traders, were, as Lewis puts it, "a bunch of idiots".

Update: Here's the WSJ article mentioned by Lewis in the above piece. (thx, andy)

By Jason Kottke  •  Jan 22, 2008  •  finance   goldmansachs   Michael Lewis   money   real estate

New York magazine has a great collection

New York magazine has a great collection of stories about how various NYC businesses go about making their money. They cover everyone from a taxi driver to a sex shop to Goldman Sachs to the MoMA.

By Jason Kottke  •  Jun 4, 2007  •  business   goldmansachs   MoMA   New York magazine   NYC   working

A record-breaking year for Goldman Sachs; they're

A record-breaking year for Goldman Sachs; they're setting aside $16.5 billion for salaries, benefits, and bonuses. That's $622,000 (!!!!!!) for each employee. Instead of the typical business puff piece telling us about what these i-bankers are going to do with their money (cars, houses, expensive dinners!), how about investigating where all this money is coming from and what, exactly, Goldman does that's so beneficial to the economy to earn such incredible profits.

By Jason Kottke  •  Dec 13, 2006  •  business   finance   goldmansachs   money

kottke.org, quickly...

The best way to get a sense of what kottke.org is all about is to head to the front page or check out some random entries from the archives.

Tags related to goldmansachs:

business (451)  •  money (105)  •  finance (74)

Looking for work?

See more on the Job Board.

Tags, tags, tags

Many posts on kottke.org have been "tagged" with keywords, which activity results in collections of related posts like sports, infoviz, or best of.

Recently popular tags (last 3 weeks)

best of 2011 (13)  •  video (1205)  •  post updates (139)  •  art (502)  •  parenting (60)  •  design (760)  •  movies (1355)  •  sports (631)  •  food (846)  •  Apple (305)  •  best of (446)  •  TV (493)  •  music (548)  •  lists (765)  • 

All-time popular tags

movies (1355)  •  video (1205)  •  photography (1027)  •  books (904)  •  food (846)  •  NYC (832)  •  science (805)  •  lists (765)  •  design (760)  •  sports (631)  •  music (548)  •  art (502)  •  TV (493)  •  business (451)  •  best of (446)

Useful favorites

photography (1027)  •  economics (240)  •  lists (765)  •  best of (446)  •  infoviz (214)  •  food (846)  •  NYC (832)  •  firstworldproblems (4)  •  cities (162)  •  restaurants (226)  •  video (1205)  •  timelapse (9)  •  interviews (305)  •  language (333)  •  maps (287)  •  fashion (207)  •  NSFW (70)  •  remix (320)

Random tags

Edward Tufte (41)  •  Ben Affleck (3)  •  headlines (14)  •  Not The Onion (6)  •  cigarettes (5)  •  weblogs (411)  •  books (904)  •  design (760)  •  Beautiful Evidence (8)  •  .com (20)  •  Michael Lewis (50)  •  photography (1027)  •  this is a metaphor for something (6)  •  Rainy Day Fun and Games for Toddler and Total Bastard (2)  •  Greg Knauss (8)