U.S. May Bring Charges Against Big Banks On Mortgage Bonds
SAN FRANCISCO -- Wells Fargo & Co. and Goldman Sachs Group Inc. said Tuesday they may face federal enforcement action by the U.S. Securities and Excha...
SAN FRANCISCO -- Wells Fargo & Co. and Goldman Sachs Group Inc. said Tuesday they may face federal enforcement action by the U.S. Securities and Excha...
HuffingtonPost.com | Shahien Nasiripour | Posted 06.14.2011
As the subprime crisis was emerging on Wall Street, Goldman Sachs sold a client a slice of a complex security at a price nearly 50 percent higher than...
HuffPost Radio | Posted 05.25.2011
The Financial Regulation bill that passed has many flaws, chief among them, says Arianna, that it doesn't prevent "too big to fail." Tony and Bob agree for different reasons that "the people" lose, in that the lobbyists will get to make the rules.
Miles Mogulescu | Posted 05.25.2011
Running a gambling casino is actually a pretty simple, straightforward and honest business. You're closely regulated by the state gambling commission. But if you're Goldman Sachs, you can load the dice.
Larry Gellman | Posted 05.25.2011
The feeding frenzy to demonize Goldman Sachs has claimed the last bastions of solid journalism in just a few days.
HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011
This story was updated at 7:10 p.m. ET with comment from Goldman Sachs. Goldman Sachs put its own interests ahead of its clients in trying to profit ...
HuffingtonPost.com | Jason Linkins | Posted 05.25.2011
As big a fan as I am of strong financial regulatory reform, I'm also something of an SEC skeptic, dating back to that time President Barack Obama appo...
George Soros | George Soros | Posted 05.25.2011
The US Security and Exchange Commission's civil suit against Goldman Sachs will be vigorously contested by the defendant. It is interesting to specula...
HuffingtonPost.com | Jason Linkins | Posted 05.25.2011
It seems to be pretty clear that the White House is constructing a big pageant play with noble heroes and wicked villains. And at the end of the day, something called "reform" gets passed and nobody asks, "Well, will this work?" Will this SEC suit be the thing that defangs the great vampire squid? I wouldn't count on it.
Politico | EAMON JAVERS & MIKE ALLEN | | Posted 05.25.2011
Goldman Sachs is launching an aggressive response to its political and legal challenges with an unlikely ally at its side -- President Barack Obama's ...
HuffingtonPost.com | Jason Linkins | Posted 05.25.2011
There's a talking point emerging: since it's possible to bring SEC charges against Wall Street firms anyway, what's the point in more regulation?
New York Times | LOUISE STORY and GRETCHEN MORGENSON | Posted 05.25.2011
or Goldman Sachs, it was a relatively small transaction. But for the bank -- and the rest of Wall Street -- the stakes couldn't be higher. Accusation...
Baseline Scenario | Simon Johnson | Posted 05.25.2011
We have waited long and patiently for our Ferdinand Pecora moment - a modern equivalent of the episode when a tough prosecutor from New York seized th...
Posted 05.25.2011
The Goldman Sachs SEC fraud charges are creating quite a stir across the financial sector. Per the AP, the government has accused Goldman Sachs of ...
AP/Huffington Post | Posted 05.25.2011
The government has accused Goldman Sachs of defrauding investors by failing to disclose conflicts of interest in mortgage investments it sold as the h...
HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011
Goldman Sachs defrauded investors by failing to disclose a conflict of interest on mortgage investments it sold as the housing market went sour, accor...
Posted 05.25.2011
Is Goldman Sachs suddenly becoming more transparent? In a potentially damaging revelation, Goldman Sachs disclosed today that the firm's Fundament...
AP | Posted 02.28.2012