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During the 2007–2008 financial crisis, Goldman was criticized for allegedly misleading its investors and profiting from the collapse of the mortgage market.This led to investigations from the United States Congress, the United States Department of Justice, and a lawsuit from the U.S. Securities and Exchange Commission [8] that resulted in Goldman paying a $550 million settlement in July 2010 ...
The Raj Rajaratnam/Galleon Group, Anil Kumar, and Rajat Gupta inside trading cases are parallel and related civil and criminal actions by the U.S. Securities and Exchange Commission and the United States Department of Justice against three friends and business partners: Galleon Group hedge fund founder-owner Raj Rajaratnam and former McKinsey & Company senior executives Anil Kumar and Rajat Gupta.
Goldman Sachs (GS) is charged of violating the deal that was made in 2001 over the acquisition of Epoch Partners from its founders Schwab, TD Waterhouse and Ameritrade. Goldman Sachs Faces Lawsuit ...
Goldman Sachs (GS) is banning swearing in employee emails. The message has been spread around the firm verbally rather than in writing, according to The Wall Street Journal. The paper writes: "In ...
LeFevre is known for creating the anonymous Goldman Sachs Elevator (@GSElevator) Twitter handle. The account purported to reflect and satirize banking culture, and accumulated considerable followers and press coverage. Goldman Sachs and Citigroup launched internal investigations in an attempt to identify the source(s) of the tweets. It was ...
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Mark A. Patterson is an American lobbyist, former vice president and managing director of Goldman Sachs, and former Chief of Staff to the United States Secretary of the Treasury. In 2018, he was hired as general counsel for Senator Chuck Schumer, overseeing investigations and appropriations and leaving his position at law firm Perkins Coie. [2]