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Tag: Goldman

Avenue Capital Said to Be in Talks With Goldman Sachs Traders A group of Goldman Sachs Group Inc. traders in the U.S. is being pursued by at least three competing firms including Avenue Capital Group as the investment bank prepares to break up the unit, according to two people briefed on the discussions. Read more on BusinessWeek

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Goldman faces 20 mn pound fine in UK Goldman Sachs is likely to face a fine of around 20 million pounds from UK financial regulator FSA, just months after US Securities and Exchange Commission imposed a penalty on the banking major, a media report said. Read more on rediff.com

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Bobsguide (press release)
Goldman Sachs to shut down 'internal hedge fund' Principal Strategies Unit to
Opalesque
The CNBC report said one option being considered was to seed a hedge fund, to be headed by former Goldman Sachs proprietary traders, with Goldman money,
Goldman Sachs Said to Shut Principal Strategies UnitBloomberg
Goldman Said to Plan Closing Prop Trading DeskNew York Times (blog)
Goldman Sachs Shuttering Principal Strategies GroupCNBC
Reuters -Business and Finance News (blog)
all 75 news articles »

Source: Hedge Fund – Google News

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The Business Insider
Paulson Fund Buys 1.1 Million Goldman Sachs Shares
BusinessWeek
The hedge fund acquired 5 million shares of PMI Group Inc., becoming the ninth-largest holder of the mortgage insurer. PMI, based in Walnut Creek,
Eton Park Discloses Big Gold ETF StakeWall Street Journal
Paulson adds Exxon, Goldman SachsReuters Africa
Top Hedge Funds Still Going Gold Crazy, John Paulson Bets On Goldman SachsThe Business Insider

all 15 news articles »

Source: Hedge Fund – Google News

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Max Keiser talks to Stacy Herbert about Goldman Sachs latest propaganda scam recorded on November 21st 2009

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Allied World buys back stock from Goldman funds Allied World Assurance Holdings Ltd said it bought back $250 million worth of stock from funds affiliated to Goldman Sachs Group Inc that are its founding shareholders. Read more on Reuters via Yahoo! Canada News

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Goldman Wasn’t Alone in Deals Like Abacus The practices at the center of the current controversy didn’t begin with Goldman—and they didn’t end there, either. Read more on Newsweek

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BigPond News
Goldman Told to Pay Creditors in Bayou Scam
New York Times (blog)
Goldman Sachs has been ordered to pay $20.58 million to creditors of a failed hedge fund to settle claims that the bank helped the fund perpetrate a Ponzi
Goldman Fined in Bayou ScamZacks.com
Goldman Hit With $20M Award in Bayou ArbitrationHedge Fund Net
Goldman Has To Pay $20.58 Million For This Guy's FraudThe Business Insider
American Banking News -Wall Street Journal -AFP
all 270 news articles »

Source: Hedge Fund – Google News

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France24
Goldman Fined in Bayou Scam
Zacks.com
As a prime broker for the Bayou hedge fund, Goldman had handled all its trading activities between 1999 and 2005. However, the fund collapsed in 2005 when
Goldman Told to Pay Creditors in Bayou ScamNew York Times (blog)
Goldman Sachs (NYSE: GS) Ordered To Pay $20.6 Million Related To Bayou Hedge American Banking News
Goldman Has To Pay $20.58 Million For This Guy's FraudThe Business Insider
Hedge Fund Net -Wall Street Journal -FINalternatives
all 244 news articles »

Source: Hedge Fund – Google News

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