SEC Brings Fraud Suit Against Goldman Sachs
On Friday the Securities and Exchange Commission announced a civil suit against Wall Street giant Goldman Sachs, after uncovering what the SEC calls significant evidence of fraud during the run-up to...
View ArticleGoldman Sachs Defending Its Assets
Following news on both big earnings and a fraud suit filed against them by the Securities and Exchange Commission, Goldman Sachs is trying to push back against the kind of publicity that surely...
View ArticleSenators Grill Goldman Execs
Goldman Sachs's top executives, including CEO Lloyd Blankfein and Vice President Fabrice Tourre, visited Capitol Hill yesterday for a good old-fashioned grilling during a U.S. Senate committee hearing....
View ArticleTakeouts: More Questions About Goldman Sachs' Business Practices, Listeners...
WALL STREET TAKEOUT: After the SEC filed a civil fraud suit against Wall Street giant Goldman Sachs in April 16th, the company’s executives went on the defense, publicly stating that they operated with...
View ArticleGoldman Sachs to Settle with SEC in Fraud Case
Wall Street giant Goldman Sachs has agreed to pay $550 million to the Securities and Exchange Commission in hopes of settling the fraud suit levied on the company back in April. The settlement is...
View ArticleFinancial 411: New Rules of the Road, Goldman’s Settlement with the SEC
Mesirow Financial’s Diane Swonk reviews the business and economic news of the week.
View ArticleWeak Trading Hits Wall Street Banks
Wall Street powerhouses like Goldman Sachs, JP Morgan Chase and Bank of America release their second quarter earnings this week; and those numbers are less than stellar. In fact, Goldman Sachs released...
View ArticleThree Big Companies and Their Three Bigger Public Relations Disasters
It's safe to say Goldman Sachs, Toyota and BP had a rough year. The three high-profile companies all faced huge catastrophes and then suffered the public relations nightmares that followed (and...
View ArticleNuns to Protest Goldman Sachs
Goldman Sachs CEO Lloyd Blankfein did little to ingratiate himself to the general public when in November 2009 he told The Times of London that bankers do "God's work." Now Goldman will have to face...
View Article"Fabulous Fab" Found Liable of Civil Securities Fraud
Fabrice Tourre was found liable of civil securities fraud yesterday in a high-profile case raised by the Securities and Exchange Commission.Tourre—or "Fabulous Fab"—is a 34-year-old former Goldman...
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