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GAAP.RUNewsGoldman Sachs again under fire

Goldman Sachs again under fire

Yet another “unpleasant truth” revealed

Publication date: 23 April 2010

It looks like one of the most successful investment banks until recently, Goldman Sachs, is unlikely to clear its reputation from numerous publications in media that show its employees not as good as they could be.

Following the story with synthetic derivatives “Abacus” there goes another one, unpleasant for Goldman Sachs: Rajat Gupta, one of the members of board of Goldman Sachs, may be related to the story where the chief of “Galleon Group” Raj Rajaratnam was accused in insider trading.