Relevant:
- Secret Goldman Team Sidesteps Volcker After Blankfein Vow - Bloomberg
- Goldman plans to spin off prop trading: report
- Inside the mind of an investment banker: Greece, Goldman and derivatives
- SEC Investigation of Goldman Trading Against Its Clients Widens
- Whale of a Problem: Regulators Subvert Will of Congress
2011-03-28 — bloomberg.com
"Created during the late 1990s, SSG invests the bank’s money in the debt and equity of troubled companies and makes loans to high-risk borrowers. The effort to defend it illustrates how important the business is to Goldman Sachs and may be a test of how flexible regulators will be in defining proprietary trading."
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.