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M&A lawyers lob stones at Goldman from glass house

March 9, 2012

At the dealmaker jamboree in New Orleans, debate over how the bank played both sides of the El Paso sale drowned out other hot topics. Bankers and CEOs took beatings over other conflicts, too. And yet for an event mainly devoted to legal issues, there was little self-reflection.

Goldman at last gets a conflicts comeuppance

September 11, 2012

The bank forfeited $20 mln after playing both sides of Kinder Morgan’s $21 bln El Paso deal. It’s peanuts next to Goldman’s other profits from the transaction. But on the heels of Barclays and Del Monte, it warns Wall Street about skewed incentives in terms it can understand.