Financial Regulatory Forum

INSIGHT-Emails reveal Goldman’s Glengarry Glen Ross side

By Reuters Staff
May 3, 2010

By Matthew Goldstein

NEW YORK, April 30 (Reuters) – Brass-knuckle sales tactics, worthless assets and clueless investors: the vignettes that emerge from hundreds of pages of three-year-old emails from members of Goldman Sachs Group’s mortgage securities trading desk would not be out of place in a David Mamet play.

Goldman Sachs SEC filing with disclosure on challenges, lawsuits – link

By Reuters Staff
May 3, 2010

Goldman Sachs Group Inc, in a rare move, disclosed a trove of information about the many lawsuits and shareholder challenges facing the bank.   Goldman, which made the disclosure in a filing with the U.S. Securities and Exchange commission, has been criticized for being too tight-lipped about its legal entanglements.  Here is a link to the disclosure and related filings.

ANALYSIS – US SEC’s new claws send shiver down Wall St

By Reuters Staff
April 19, 2010

By Dan Margolies and Rachelle Younglai

WASHINGTON, April 16 (Reuters) – The U.S. Securities and Exchange Commission’s fraud suit against Goldman Sachs sent a shiver down the spine of Wall Street, a sign the agency is determined to be an aggressive enforcer.