Tag Archives: #GOLDMAN

George Soros Builds Stake in Goldman Sachs, Cuts BofA


Billionaire investor George Soros sold off investments in CVS Health, MGM Resorts International and Barrick Gold

Mr. Soros, who moved to recalibrate his portfolio after the presidential election to stem losses, also opened a small stake in Goldman Sachs Group Inc. and cut sharply its holdings in Bank of America Corp. at Soros Fund Management LLC.

The fund also eliminated its position in the iShares China Large-Cap (FXI) exchange-traded fund, the largest China-focused ETF in the U.S.

FOLLOW THE LINK FOR THE FULL REPORT – JR 

http://blogs.wsj.com/moneybeat/2017/02/14/george-soros-builds-stake-in-goldman-sachs-cuts-bofa/

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Goldman CEO Blankfein ‘Supportive’ of Clinton for Pragmatism

Lloyd Blankfein, chief executive officer of Goldman Sachs Group Inc., has shied away from publicly backing a presidential candidate this year, saying his support could harm that person’s chances.

Yet in an interview that will air Sunday on CNN’s “Fareed Zakaria GPS,” Blankfein, asked if he personally supports and admires Democrat Hillary Clinton

VIEW THE FULL STORY HERE —-JR

http://www.bloomberg.com/politics/articles/2016-10-22/goldman-ceo-blankfein-supportive-of-clinton-for-pragmatism