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: Securities Law Prof BlogFINRA Fines Goldman Sachs For Failing to Disclose Tourre's Wells Notice
By Securites Lawprof
Full post as published by Securities Law Prof Blog on November 09, 2010 (boomark / email).
Tourre's Answer
Fabrice Tourre's Answer has been filed in SEC v. Goldman, Sachs & Co. and Fabrice Tourre. Among other things, Tourre contends that neither he nor Goldman "had a duty to disclose any allegedly omitted information" and that the ABACUS 2007-AC1...
Unethical Bedfellows: Goldman Sachs and the United States Department of Justice
"If you don't want to disclose it, it's material." - Gentlemen's Code of Ethics. Goldman Sachs faces a civil lawsuit for failing to disclose a material fact to an investor. While Goldman's propaganda agents are attempting to confuse people with immaterial facts, the case against Goldman is crystal clear to anyone with a sense of ethics...
Feds Charge Goldman Sachs With Fraud In Civil Suit In Connection With The Manufacturing & Peddling Of Subprime Mortgage Securities
In New York City, The Associated Press reports:The government has accused Goldman Sachs & Co. of defrauding investors by failing to disclose conflicts of interest in mortgage investments it sold as the housing market was collapsing...
Goldman Sachs Faces Fraud Charges Over CDO Deals
The Securities and Exchange Commission (SEC) has charged investment firm Goldman Sachs with fraud in connection to sales of synthetic collateralized debt obligations (CDOs). According to the SEC?s complaint, Goldman Sachs failed to disclose critical information about the CDOs to investors, including their ties to a major hedge fund whose investments Goldman allegedly was betting against...
Other Major Banks Did Deals Similar to Goldmans
"As you may have heard, Goldman Sachs is being sued for fraud by the Securities and Exchange Commission for allegedly misleading investors about a deal that Goldman helped structure and sell...
Did Goldman Sachs Have Advance Knowledge of BP Oil Spill
Just weeks before news of the BP oil spill hit, Goldman Sachs sold 44% of its BP stock. You can see this information here, at a legitimate site: Institution Name %Change in Ownership Goldman Sachs -43...
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