TITLE

Tough Case

AUTHOR(S)
Hirsh, Michael
PUB. DATE
July 2010
SOURCE
Newsweek;7/12/2010, Vol. 156 Issue 2, p41
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on Robert Khuzami, director of enforcement at the U.S. Securities and Exchange Commission (SEC). Best known for prosecuting terrorists, he faces the challenge of proving that Goldman Sachs, the investment banking and securities firm, defrauded clients by selling them complex mortgage-backed securities that were secretly fashioned to plummet in value so some investors would profit when the market dropped.
ACCESSION #
52038924

 

Related Articles

  • Acid test. Carlino, Bill // Accounting Today;5/24/2010, Vol. 24 Issue 6, p3 

    The article argues that the U.S. Securities and Exchange Commission's (SEC) filing of charges against Goldman Sachs for its allegedly fraudulent Abacus 2007-AC1 collateralized debt obligations (CDO) could mend the agency's tattered reputation and uphold its mission of being the investor's...

  • Goldman Sachs in the Dock. Rettig, Jessica // U.S. News Digital Weekly;4/30/2010, Vol. 2 Issue 17, p7 

    The article discusses the case of Goldman Sachs in connection with the U.S. financial regulatory reform. Particular focus is given to the hearing on the civil fraud lawsuit against Sachs, filed by the Securities and Exchange Commission. According to the article, it opened up discussion on Wall...

  • Goldman to Settle SEC Probe for $12M. Browdie, Brian // American Banker;9/28/2012, Vol. 177 Issue F338, p4 

    The article reports Goldman Sachs will pay a $12 million settlement to the U.S. Securities and Exchange Commission for the company's alleged violation of "pay-to-play" rules concerning unreported campaign contributions to former Massachusetts state treasurer Timothy Cahill.

  • Despite U.S. Troubles, Goldman Sachs Forges Ahead in India.  // India -- West;5/14/2010, Vol. 35 Issue 25, pB13 

    The article reports that the mortgage fraud lawsuit filed by the U.S. Securities and Exchange Commission against Goldman Sachs & Co. will not deter the company from expanding in India.

  • Loose Legal Concept Gives Goldman Sachs Grounds to Argue. Wang, Marian // Pro Publica;4/18/2010, p1 

    A blog related to lack of definition of the term material which could help Goldman Sachs & Co. in its lawsuit filed against it by the U.S. Securities & Exchange Commission (SEC) is discussed.

  • Charges Aside, What About Goldman's Nondisclosure of a Potential Lawsuit? Wang, Marian // Pro Publica;4/18/2010, p7 

    A blog related to Goldman Sachs & Co. not declaring about its products which led to a lawsuit filed against it by the U.S. Securities & Exchange Commission (SEC) is discussed.

  • When Rejection Is Praise. Berry, Kate; Hochstein, Marc // American Banker;4/22/2010, Vol. 175 Issue 62, p6 

    The article discusses a compliment which the U.S. Securities and Exchange Commission gave to Wells Fargo & Co. while issuing a complaint of fraud against Goldman Sachs & Co. in 2010.

  • The SEC v. Goldman Sachs: Reputation, Trust, and Fiduciary Duties in Investment Banking. Davidoff, Steven M.; Morrison, Alan D.; Wilhelm, Jr., William J. // Journal of Corporation Law;Spring2012, Vol. 37 Issue 3, p529 

    The article focuses on the U.S. court case U.S. Securities and Exchange Commission v. Goldman Sachs, which dealt with fiduciary duties in investment banking. Topics include trust-based agreements, the management and regulation of investment banks in the U.S., and synthetic collateralized debt...

  • Goldman Case and Fiduciary Standard. Menchaca, Paul // American Banker;4/26/2010, Vol. 175 Issue 63, p5 

    The article discusses how the U.S. Securities and Exchange Commission's civil lawsuit against Goldman Sachs Group Inc. may encourage the establishment of a universal fiduciary standard. The SEC has alleged that Goldman Sachs committed securities fraud by misleading investors about the products...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics