Tag: Goldman Sachs Group Inc

• Thursday, October 25th 2012 - 06:39 UTC

  US sues Bank of America for mortgage fraud; ex Goldman & Sachs, two years in jail

  

  Bank of America is being sued for 1bn dollars for alleged mortgage fraud. The civil lawsuit has been brought by the US Attorney Preet Bharara, the top federal prosecutor in Manhattan, New York.

• Saturday, July 21st 2012 - 07:32 UTC

  Bad news for Argentina: economy contracts and industrial production slumps

  

  Argentina's economy contracted in May and industrial production slumped further in June, according to government data released on Friday. Economic activity fell 0.5% in May year-on-year, slowing from April's 0.6% growth rate and marking the first contraction in 34 months.

• Wednesday, May 9th 2012 - 17:59 UTC

  Goldman Sachs raises price target for Falklands’ Rockhopper Exploration

  

  Goldman Sachs raised its price target on several exploration and production companies, including Falklands’ Rockhopper Exploration, and said there were opportunities for deals in some assets in the sector.

• Tuesday, March 13th 2012 - 07:03 UTC

  Goldman Sachs says Brazil’ Real needs to decline 20% to remain competitive

  

  Jim O'Neill, chairman of Goldman Sachs Asset Management, lent his support to Brazilian policy makers' efforts to weaken the Real, saying it needs to decline 20% to keep Latin America's biggest economy competitive.

• Thursday, October 27th 2011 - 20:09 UTC

  Wall Street growing insider trading scandal catches another big fish

  

  Ex-Goldman Sachs director Rajat Gupta has turned himself in to the FBI and pleaded not guilty in court to securities fraud before being freed on a 10 million dollars bail.

• Monday, April 26th 2010 - 05:24 UTC

  Goldman Sachs Incriminating E-mails Surface in US Senate Investigation

  

  Investment bank Goldman Sachs executives boasted about the money the bank was making while the US housing market was collapsing in 2007, released company e-mails show.

• Wednesday, April 21st 2010 - 02:55 UTC

  Goldman Sachs earnings double; UK launches formal probe into fraud allegations

  

  Goldman Sachs Group Inc said first-quarter earnings nearly doubled, while in London Britain's financial regulator launched a formal probe related to civil fraud allegations against the Wall Street bank.