Apr 20 2010 | 6:54pm ET
Warned last fall that it was likely to face a civil lawsuit over its marketing of a collateralized debt obligation, Goldman Sachs said that it couldn’t tell investors that hedge fund Paulson & Co. was shorting the CDO.
In response to a Wells notice it received in July, Goldman told the Securities and Exchange Commission that “as a broker-dealer acting as an intermediary on behalf of a client, Goldman Sachs had a duty to keep information concerning its client’s trades, positions and trading strategy confidential.”
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…