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Goldman Sachs Tower at 30 Hudson Street in Jersey City.. Goldman Sachs, an investment bank, has been the subject of controversies.The company has been criticized for lack of ethical standards, [1] [2] working with dictatorial regimes, [3] close relationships with the U.S. federal government via a "revolving door" of former employees, [4] and driving up prices of commodities through futures ...
Goldman Sachs is leading the drop in US bank stocks, thanks to its deepening legal troubles in Malaysia. In the latest development, Malaysia filed criminal charges (pdf) today against subsidiaries ...
SEC v. Goldman Sachs & Co, civ 3229 (S.D. of NY 2010) was a civil court case in front of the United States District Court for the Southern District of New York brought by the U.S. Securities and Exchange Commission against Goldman Sachs (GS&Co) and Fabrice Tourre an employee of GS&Co relating to the ABACUS 2007-AC1 CDO.
In March 2015, the legal case against Goldman Sachs, JPMorgan Chase, Glencore, the two investment banks' warehousing businesses, and the London Metal Exchange in various combinations – of violating U.S. anti-trust laws, was dismissed by United States District Court for the Southern District of New York Judge Katherine B. Forrest in Manhattan ...
Even as news of the Securities and Exchange Commission's filing of civil fraud charges against Goldman Sachs (GS) surfaced, the Wall Street investment bank was forced to turn on the meter racking ...
(Reuters) -Corporate giants Goldman Sachs and Apple will pay $89 million for violations of consumer protection laws in their joint credit card business that affected hundreds of thousands of ...
Paulson was a former CEO of Goldman Sachs, which stood to benefit from the bailout. Paulson had hired Goldman executives as advisors and Paulson's former advisors had joined banks that were also to benefit from the bailout. Furthermore, the original proposal exempted Paulson from judicial oversight. Thus, there was concern that former illegal ...
A daily look at legal news and the business of law: SEC's Goldman Politics Were Not Really So Scandalous In the wake of the Securities and Exchange Commission's decision to sue Goldman Sachs (GS ...