golden slacks posts
Feed
Today was a strong day from the start, but shares traded mixed throughout the day. There was an exceptionally high PPI, but this was interpreted as already being artificial because of commodity price changes. Earnings are starting to come in relentlessly and won't lighten up for the next three weeks. Continue reading Closing Bell: When earnings reactions misfire (CSX, DELL, GS, HNT, JAVA, ORCL)
This post is one in a series on prominent company nicknames. See all 25, and share your thoughts and memories about Golden Slacks below in the comments.
There are many corporate nicknames that are used to either make fun of, shorten, or parody certain company names. But the nickname of "Golden Slacks" for Goldman Sachs Group Inc. (NYSE: GS) is perhaps the most appropriately assigned nickname in all of corporate America.
With the exception of a few years, and with the exception of 2007/2008 woes, investment bankers and brokers and traders on Wall Street have done far better financially than most jobs on Main Street. Goldman Sachs bankers are thought of as being the highest paid on Wall Street.
There are bucket shops, small single-office brokerage firms, small regional firms, larger second-tier brokerage and investment banking firms, and the prized bulge-bracket firms. Goldman Sachs defines the bulge-bracket firm on an exponential basis, although in some ways it is almost like a club. You can't just walk into an office with a few grand to open an account. Goldman may not have official minimums, but the thought has prevailed that if you don't have at least $5 million at the firm then you shouldn't expect your broker to call you.
Continue reading Company nicknames: Goldman Sachs -- golden slacks never go out of style
| # | Blogger | Posts | Cmts |
|---|---|---|---|
| 1 | Joseph Lazzaro | 117 | 0 |
| 2 | Tom Johansmeyer | 104 | 0 |
| 3 | Steven Mallas | 52 | 0 |
| 4 | Connie Madon | 48 | 0 |
| 5 | Tom Taulli | 47 | 0 |
| 6 | Steven Halpern | 37 | 0 |
| 7 | Mark Fightmaster | 37 | 0 |
| 8 | Trey Thoelcke | 35 | 0 |
| 9 | Paul Foster | 25 | 0 |
| 10 | Zac Bissonnette | 25 | 0 |
| 11 | Brian White | 24 | 0 |
| 12 | Brent Archer | 23 | 0 |
| 13 | Jim Cramer | 22 | 0 |
| 14 | Melly Alazraki | 22 | 0 |
| 15 | Jon Ogg | 22 | 0 |
| 16 | Eric Buscemi | 18 | 0 |
| 17 | Michael Fowlkes | 15 | 0 |
| 18 | Michael Shulman | 13 | 0 |
| 19 | Elizabeth Harrow | 12 | 0 |
| 20 | David Schepp | 9 | 0 |
Find out why more people track their portfolios on AOL Money & Finance then anywhere else.
Tesla Roadster sets a record -- travels 313 miles on a single charge
Cramer on BloggingStocks: China's industrial focus helps lots of U.S. names 
Why do we have a weak dollar?