Sunday, April 25, 2010

INSIDER TRADING-THE SQUID WAY

REUTERS-- Five senior executives at Goldman Sachs Group Inc sold company stock after the firm received notice of possible fraud charges, according to a report in the Wall Street Journal.
The stock sales, which totaled $65.4 million, were made by co-general counsel Esta Stecher, vice chairmen Michael Evans and Michael Sherwood, principal accounting officer Sarah Smith and board member John Bryan.

The executives made the sales between October 2009 and February 2010. Goldman received notice of the possible fraud charges in July of 2009.

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