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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
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
![]() 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 Unit Goldman Said to Plan Closing Prop Trading Desk Goldman Sachs Shuttering Principal Strategies Group |
Source: Hedge Fund – Google News
![]() 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 Stake Paulson adds Exxon, Goldman Sachs Top Hedge Funds Still Going Gold Crazy, John Paulson Bets On Goldman Sachs |
Source: Hedge Fund – Google News
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
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
![]() 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 Scam Goldman Hit With $20M Award in Bayou Arbitration Goldman Has To Pay $20.58 Million For This Guy's Fraud |
Source: Hedge Fund – Google News
![]() 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 Scam Goldman Sachs (NYSE: GS) Ordered To Pay $20.6 Million Related To Bayou Hedge … Goldman Has To Pay $20.58 Million For This Guy's Fraud |
Source: Hedge Fund – Google News