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3 May 2010, 5:53 am by By DEALBOOK
The Senate investigation into Goldman Sachs offered up concrete evidence last week of how defaults on subprime mortgage loans became so costly they brought the financial system to its knees, The Wall Street Journal reported. [read post]
3 May 2010, 5:00 am by Doug Cornelius
Since they were purchasing securities from Goldman Sachs as a broker-dealer, they were not owed a fiduciary duty by Goldman Sachs. [read post]
3 May 2010, 4:15 am by Gene Takagi
" Kathleen Martinez, DoL - Senate open to looking at new business models now - in light of Goldman Sachs Holbrook - SEs improve resilience of economy; benefit everyone, not just the poor; and make an economic, not just a social, impact Jennifer R Bishop - early in planning, don't let structure dictate activities; activities should lead to decision on structure Bishop: If >10-15% of nonprofit's income from unrelated business activity, consider moving activity… [read post]
2 May 2010, 11:08 pm by White Collar Crime Prof Blogger
Timesleader.com, Local leaders urged to take firm pledge against ‘culture of corruption’ Commentary The Council of Presidents Joshua Gallu, Bloomberg, Goldman Sachs Loses Room to Maneuver After Public Testimony; Marcy Gordon, AP, law.com, Justice Department Opens Criminal Probe of Goldman... [read post]
2 May 2010, 11:01 pm
Frankly, after almost a decade of misdirected prosecutions of businesspeople, it’s confounding that many citizens believe that a prosecution of Goldman Sachs would serve any useful public interest. [read post]
2 May 2010, 7:41 pm by The LBN Team
  Government opens criminal investigation on Goldman Sachs Arizona immigration legal challenges Boston teenager given life sentence   [read post]
2 May 2010, 6:36 pm
  As I see it, there are in fact three principal issues on the minds of those now talking about Goldman, while only one of them is what I'll call Goldman-Sachs-specific. [read post]
2 May 2010, 11:53 am by Kim Krawiec
Blame It On Derivatives, Blame it On Goldman Sachs, Blame It On the Nazis. [read post]
1 May 2010, 7:43 pm by law shucks
Justice announced it, too, has been investigating Goldman Sachs. [read post]
1 May 2010, 6:59 pm by Reproductive Rights
Blow: While we’ve been distracted by Tea Party antics, the government’s efforts to sack Goldman Sachs and the tawdry drama of John Edwards and his baby’s mama, a rash of... [read post]
1 May 2010, 11:24 am by Jeff Lipshaw
Each controversy hinges on a choice between metaphors. . . .The most recent example of this is the Goldman Sachs inquiry, where the duty and materiality issues depend entirely on whether you use a bookie metaphor or an investment adviser metaphor to frame the controversy (see Larry Cunningham's invitation a few days ago to come up with the best analogy). [read post]
1 May 2010, 10:10 am by Kim Krawiec
Blame It On Derivatives, Blame it On Goldman Sachs, Blame It On the Nazis. [read post]
1 May 2010, 6:28 am by Administrator
The SEC and DOJ’s investigations of Goldman Sachs have been big news for a couple of weeks now. [read post]
30 Apr 2010, 6:06 pm by David Skeel
 These special rules, which were insisted on by Goldman Sachs and other major derivatives dealers in the 1980s, 1990s and 2000s, substantially reduce the benefits of bankruptcy for a large, troubled financial institution. [read post]
30 Apr 2010, 2:38 pm by Securites Lawprof
According to the Washington Post, the Justice Dept. opened a criminal investigation into possible securities fraud violations involving mortgage trading at Goldman Sachs prior to the SEC's filing of its civil action. [read post]
30 Apr 2010, 2:29 pm by Law Lady
from ABA Journal WeeklyPosted by Debra Cassens Weiss"A lawyer reportedly helping Goldman Sachs executives prepare for a Senate hearing today revealed his usual strategy for congressional hearings in an interview last year.O’Melveny & Myers partner K. [read post]
30 Apr 2010, 2:16 pm by Christine Hurt
So, the other shoe dropped today when it was announced that the Department of Justice is investigating Goldman, Sachs. [read post]