Tagged trades

S&P 500 Trades Above 2,000 for First Time

April 8, 2015

Richard Drew/AP Encouraging signals from central bankers helped lift U.S. stocks in morning trading Monday, propelling the Standard & Poor's 500 index (^GPSC) above 2,000 points for the first time. Inve...

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Goldman Sachs Defends Trades With AIG During Financial Crisis

June 24, 2014

Insurance Industry

Goldman Sachs (GS) defended its trades and collateral calls with bailed-out insurer AIG (AIG), saying they reflected market conditions during the financial crisis. Critics have accused Goldman Sachs of benefi...