FORTUNE -- Goldman Sachs reported just its second quarterly loss since it went public and the first since the dark days of late 2008. It also gave Paul Volcker a great big reason to push harder for his proposal to clamp down on investment banks trading for their own accounts. Basically, the Volcker rule aims to get investment banks back to what they historically do: broker trades, act as a trusted vehicle to get corporate America funding, and manage the commercial sector's money.
To save your favourite articles so you can find them later, subscribe to one of our packs. It was early September, 2015 and Paul Dunne was busy preparing for the biggest event in amateur golf. With the Walker Cup just around the corner, Portmarnock was the venue for a practice session with his four Irish team-mates also picked on the Great Britain and Ireland side. Scheduled to meet at 10.30am, Dunne was on the links before 8am.
BOSTON and NEW YORK (Bloomberg) -- Charif Souki has been chasing his fortune in the energy business for two decades. It took getting fired by billionaire Carl Icahn for him to hit paydirt. Icahn kicked Souki out of Cheniere Energy Inc. in December 2015 after a dispute over the company’s export strategy. Souki, who was Cheniere’s chief executive officer, resurfaced two months later with a company called Tellurian and a plan to produce 5% of the world’s liquefied natural gas by 2025.