Goldman’s Old Headquarters Turned Into $4,000-a-Month Apartments

 


Building housed Goldman Sachs from late ‘60s to early ‘80s

A minute’s stroll from the New York Stock Exchange

Across the street, in those days, were the offices of Drexel Burnham Lambert, while up the road stood the grand homes for Bank of America Corp. and what was then J.P. Morgan & Co.

Bloomberg 23 September 2024

https://www.bloomberg.com/news/features/2024-09-23/the-goldman-sachs-offices-converted-into-4000-luxury-rentals


Taking the biggest hit: junk bonds, otherwise known on Wall Street as high-yield bonds, a major source of capital for many growing companies that pose a higher credit risk. 

The proportion of junk bonds trading at distressed prices surged during the past month to the highest level since the early 1990s, when the market was paralyzed by recession and the collapse of Drexel Burnham Lambert.

 Wall Street Journal 2000-10-18

https://www.internetional.se/shares.htm

https://en.wikipedia.org/wiki/Drexel_Burnham_Lambert


Treasury Secretary Henry Paulson of Goldman Sachs

By Bush administration standards, Henry Paulson, the Treasury secretary, is a good guy. 

He isn’t conspicuously incompetent; and he isn’t trying to mislead us into war, justify torture or protect corrupt contractors.

Paul Krugman, NYT, December 10, 2007

https://www.internetional.se/hmp.htm






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