Pages

Saturday, July 11, 2009

Goldman Sachs Loses Grip on Its Doomsday Machine

Never let it be said that the Justice Department can’t move quickly when it gets a hot tip about an alleged crime at a Wall Street bank. It does help, though, if the party doing the complaining is the bank itself, and not merely an aggrieved customer.

Another plus is if the bank tells the feds the security of the U.S. financial markets is at stake. This brings us to the strange tale of Goldman Sachs Group Inc. and Sergey Aleynikov.

Read more...

No comments:

Post a Comment

Thanks for your comment it is much appreciated.