The Justice Department, only two days after Goldman Sachs’ executives were grilled and humiliated by lawmakers, has launched a full-on, criminal investigation of Goldman Sachs’ mortgage securities deals. This action follows on the heels of civil fraud charges against GS, which were filed by the government roughly two weeks ago.
Goldman Sachs Tops the List for ‘Most Ethical’ in a Recent Employee Survey
How Ethical or Unethical are Investment Banking Firms – According to Their Employees?
The Securities Law Firm of Tramont Guerra & Nunez, PA Files Securities Arbitration Claim against JP Morgan Securities
The securities arbitration claim filed alleges sales practice violations and improper use of research analyst reports which resulted in over-concentration in Venezuelan bonds and banking and financial sector stocks.
Goldman Sachs & Toyota Make Crisis PR Missteps, Says Dobson
Brian Dobson of DobsonPR.com says the Crisis-Arch(tm) is predictable when major problems hit, such as at Goldman Sachs and Toyota, and no brand is beyond the corrective reach of public opinion. He adds, Crisis PR missteps can be fixed by both companies, but it will take time to regain brand luster.
Options University Traders See Upside in Citi (C) While Goldman Sachs Feels the Heat
Weakness in Financials Seen as Buying Opportunity in Citi
Options University Trade Alert Issued For Goldman Sachs (GS) Ahead of Earnings
Goldman Sachs Potentially Oversold on SEC Investigation
Building Reputational Equity Would Have Helped Goldman Sachs
“Reputational equity – or what I would describe as having a reservoir of goodwill toward you – has real bottom line value,” says crisis manager Davia Temin.
How the Goldman Sachs Fraud Case Could Accelerate Wall Street Reform
When the SEC announced on Friday that it had filed a fraud action against Goldman Sachs Group Inc., the news hit the financial markets like a carefully targeted bomb. The media, regulators and lawmakers had been scrutinizing Goldman's record profits in the wake of the global financial crisis market collapse. But, with Goldman alumni working in this highest reaches of the federal government, the venerable Wall Street institution seemed untouchable. Money Morning has introduced a new article on their site commenting on the Goldman Sachs situation.
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