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20 Jul 2010, 8:15 am by Stikeman Elliott LLP
Securities and Exchange Commission (SEC) announced last week that Goldman, SachsCo. had agreed to pay $550 million to settle charges that the company had misled investors respecting a subprime mortgage product. [read post]
16 Jul 2010, 6:13 pm by Tom Hargett
Meanwhile, Fabrice Tourre, who is the only Goldman Sachs executive named as a defendant in the SEC’s fraud lawsuit, has yet to settle with the regulator. [read post]
16 Jul 2010, 5:57 pm by Mark J. Astarita, Esq.
The Securities and Exchange Commission today announced that Goldman, Sachs & Co. will pay $550 million and reform its business practices to settle SEC charges that Goldman misled investors in a subprime mortgage product just as the U.S. housing market was starting to collapse.In agreeing to the SEC's largest-ever penalty paid by a Wall Street firm, Goldman also acknowledged that its marketing materials for the subprime product contained… [read post]
16 Jul 2010, 3:55 pm
The SEC has settled with Goldman, Sachs & Co. which has agreed to pay $550 million and change its business practices to settle charges that Goldman misled investors in a subprime mortgage product as the housing market was crashing. [read post]
16 Jul 2010, 8:46 am by Page Perry LLC
Goldman, Sachs & Co. has agreed to pay $550 million and reform its business practices to settle SEC charges that it misled investors in a subprime mortgage CDO known as ABACUS 2007-AC1, which collapsed, according to multiple articles in the Wall Street Journal, CNBC.com, and others. [read post]
16 Jul 2010, 6:51 am by Doug Cornelius
Sources: SEC Litigation Release – Goldman Sachs to Pay $550 Million to Settle SEC Charges Related to Subprime Mortgage CDO Consent of Defendant Goldman, Sachs & Co. [read post]
16 Jul 2010, 6:15 am by admin
The Securities and Exchange Commission announced July 15 that Goldman, Sachs & Co. has agreed to pay a record $550 million penalty and to reform its business practices to settle charges it misled investors in… Read this entire article for free, simply activate your free 15 day trial access to Securities Regulation & Law Report now. [read post]
16 Jul 2010, 2:40 am by Kevin LaCroix
  First, the settlement resolves only the charges against Goldman Sachs itself. [read post]
15 Jul 2010, 2:59 pm by Lawrence Cunningham
The SEC announced this afternoon that Goldman Sachs agreed to settle, for $550 million, the civil lawsuit against it alleging materially misleading disclosures in circulars for some mortgage-backed securities it hawked. [read post]
15 Jul 2010, 2:55 pm by Jenna Greene
In the largest-ever penalty paid by a Wall Street firm, Goldman Sachs & Co. today agreed to pay $550 million to settle Securities & Exchange Commission fraud charges. [read post]
15 Jul 2010, 2:52 pm by Christine Hurt
  Goldman Sachs is the 39th largest company in the U.S. according to Fortune magazine. [read post]
15 Jul 2010, 2:12 pm by J Robert Brown Jr.
The SEC announced a settlement with Goldman Sachs in the case arising out of the Abacus deal. [read post]
15 Jul 2010, 1:54 pm by Securites Lawprof
The SEC today announced that Goldman, Sachs & Co. will pay $550 million and reform its business practices to settle SEC charges that Goldman misled investors in a subprime mortgage product just as the U.S. housing market was starting to... [read post]
12 Jul 2010, 5:00 am by Michael Silverman
From 2002 to 2004 he served as Vice Chairman of Goldman Sachs with management responsibility over FICC. [read post]
10 Jul 2010, 5:00 am by Michael Silverman
Johnson is currently a director of Intuit Inc., Pfizer Inc., and Visa Inc.; she was formerly Vice Chairman of The Goldman Sachs Group. [read post]
7 Jul 2010, 8:51 am by law shucks
Cleary wore three hats in the 2006 LBO: representing financial advisor Goldman Sachs (which got a curtain call on that role in the sale), TPG in its negotiation of consortium arrangements with its co-sponsors, and the acquisition consortium in connection with international competition matters. [read post]
5 Jul 2010, 6:27 am by Anthony Lake
Daly also used trading accounts in various company names at National Financial Services, Goldman Sachs Execution & Clearing, LP, Charles Schwab, and Lloyds of London Market Services. [read post]