Tag: Goldman Sachs fraud
The Temptation of Insider Trading: Why Top Professionals Might Slip
by Peter Cohan on Mar.02, 2011, under Towing
The Securities and Exchange Commission’s insider-trading charges against Rajat Gupta, former head of consulting firm McKinsey & Co., comes as a shock to many. The news comes after another McKinsey director pleaded guilty to insider-trading charges in January. Should we expect more to come?
Continue reading The Temptation of Insider Trading: Why Top Professionals Might Slip
The Temptation of Insider Trading: Why Top Professionals Might Slip originally appeared on DailyFinance on Wed, 02 Mar 2011 21:00:00.
Filed Under: Company News, People, Investing, Goldman Sachs
Goldman Sachs Details Revenue in Bid to Deflect Criticism
by Hugh Collins on Jan.11, 2011, under Towing
Goldman Sachs Group (GS) published details on how it earns its revenue as it works to deflect criticism that it puts its own profits ahead of client interests.
The 63-page report, released today, breaks down its revenue to show how much comes from its own trading and investing, The Wall Street Journal said.
The bank faced intense criticism from the public in 2010. The bank also had to deal with a…
Continue reading Goldman Sachs Details Revenue in Bid to Deflect Criticism
Goldman Sachs Details Revenue in Bid to Deflect Criticism originally appeared on DailyFinance on Tue, 11 Jan 2011 09:05:00.
Filed Under: Company News, People, Goldman Sachs , Credit
Goldman Sachs Fined $650,000 by FINRA for Disclosure Delays
by Danny King on Nov.09, 2010, under Towing
Goldman Sachs has been fined $650,000 by the Financial Industry Regulatory Authority for failing to properly disclose to regulators that two of its executives were going to be investigated by the Securities & Exchange Commission, FINRA announced Tuesday.
Continue reading Goldman Sachs Fined $650,000 by FINRA for Disclosure Delays
Goldman Sachs Fined $650,000 by FINRA for Disclosure Delays originally appeared on DailyFinance on Tue, 09 Nov 2010 16:21:00.
Filed Under: Company News
Goldman Sued by German Bank Over Mortgage-Backed Securities
by Hugh Collins on Oct.05, 2010, under Towing
Goldman Sachs Group (GS) was sued by German bank Landesbank Baden-Wuerttemberg for allegedly mis-representing the credit quality of its mortgage-backed securities.
The German bank ended up posting a $37 million loss on the investment.
Goldman was the placement agent for a mortgage-backed security called Davis Square Funding VI, Bloomberg News said. Thirty-three percent of the…
Continue reading Goldman Sued by German Bank Over Mortgage-Backed Securities
Goldman Sued by German Bank Over Mortgage-Backed Securities originally appeared on DailyFinance on Tue, 05 Oct 2010 07:43:00.
Filed Under: Company News, People, Investing, Goldman Sachs , Credit
Legal Briefing: Was SEC’s Goldman Suit Political?
by Abigail Field on Sep.24, 2010, under Towing
In Friday’s legal news, the timing of the SEC’s suit against Goldman Sachs may have had more to do publicity than with advancing the Democrat’s agenda; the delinquent Harrisburg Authority tries to make good on its debts; and the justice department wants to determine policy regarding gays in the military.
Continue reading Legal Briefing: Was SEC’s Goldman Suit Political?
Legal Briefing: Was SEC’s Goldman Suit Political? originally appeared on DailyFinance on Fri, 24 Sep 2010 12:15:00.
Filed Under: Goldman Sachs





