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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 ...
Goldman was criticized for allegedly misleading its investors and profiting from the collapse of the mortgage market during the 2007–2008 financial crisis.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. [9]
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.
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The lawsuit provides insightful claims into the Wall Street titan’s culture including allegations that comments such as “take that as your first punch in the face” were condoned.
In the case with Aleynikov, Goldman Sach's proprietary computer code was presented to the jury by the district court as a "single product". In the case with Agrawal, the district court argued that the securities traded by SocGen, rather than the HFT code itself, were the actual products engaged in interstate commerce.
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 ...
Members can manually delete items from their Mini-Feeds if they wish to do so, and through privacy settings can control what is actually published in their respective Mini-Feeds. Some Facebook members still feel that the ability to opt out of the entire News Feed and Mini-Feed system is necessary, as evidenced by a statement from the Students ...