Thursday, April 22, 2010

GOLDMAN's LOVE AFFAIR WITH RULE 10b-5

What's Good For Martha is Not Good for Goldman Directors?

WSJ--A Goldman Sachs Group Inc. director tipped off a hedge-fund billionaire about a $5 billion investment in Goldman by Warren Buffett's Berkshire Hathaway Inc. before a public announcement of the deal at the height of the 2008 financial crisis, a person close to the situation says. Link to WSJ

Q: What to members of Goldman's Board like Friedman and Gupta definitely know that Martha Stewart was supposed to know?

A: What insider trading is.

1 comment:

  1. The German bank had people on the board step down. What the hell is the matter in this country that people at the top are not held accountable?

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