Yesterday, at around 12pm EST, Goldman Sachs shares (NYSE:GS) plummeted as the news about Facebook stock trading made it's way into the mainstream. Goldman Sachs Group Inc. has been aggressively pitching as much as $1.5 billion in Facebook shares to wealthy investors, while simultaneously disclosing they might sell or hedge its own $375 million investment in ...
NYSE:GS - Goldman Sachs Ratings Unaffected By SEC Fraud Suit The Standard & Poor's Ratings Services, on April 19th (1 week ago today), stated that they have not changed their view regarding the credit worthiness of Goldman Sachs & Co. (NYSE:GS). The news that the SEC has filed a law suit against Goldman Sachs claiming fraud ...
NYSE:GS - Goldman Sachs Fraud, Germany Considering Legal Action Goldman Sachs (NYSE:GS) may face legal action from German bank IKB IKBG.N and could be pursued by regulators in Germany and Britain after the U.S. investment bank was accused of duping clients. Deutsche Bank (DBKGn.DE) and UBS (UBSN.VX) led a 2 percent slide across European bank shares on ...
NYSE:GS - Goldman Sachs Rocks Global Markets The global stock markets took a nose dive on Friday after U.S. regulators (the SEC) charged Goldman Sachs Group Inc. (Public, NYSE:GS) with fraud related to subprime mortgages. The Goldman Sachs news hit Wall Street at around 10:34 this morning. And no sooner did the shocking news hit the street, did ...