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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 ...
On September 26, 2021, the New York Times reported that Samir Rao, COO and a co-founder of the company, had impersonated a YouTube executive on a conference call with Goldman Sachs. The meeting was an attempt to secure a $40 million investment. [ 5 ]
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.
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]
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It's been nearly 30 years since the Muppets took Manhattan, but they're making a comeback, of sorts, thanks to Greg Smith, the former Goldman Sachs Group employee who infamously quit his job last ...
As a result of a securities fraud investigation initiated by the SEC and by various state Attorney General offices, Goldman Sachs faced charges of issuing unfair research, including coverage of WebEx, and IPO violations for the period 1999 to 2001. Webex management allegedly dictated to Goldman Sachs analysts what the research should and should ...