Hot spit! Wall Street's most high-profile securities firm is being drawn further into the government's insider-trading investigation according to the Wall St Journal. Federal criminal authorities are investigating whether a top Goldman Sachs Group Inc. manager passed inside information about technology stocks to the firm's hedge-fund clients, people close to the situation said.
David Loeb, a Goldman managing director who acts as a middleman between the Wall Street firm and some of its most important hedge-fund clients, is the latest Goldman official to be investigated in the insider-trading probe. As a senior Goldman salesman, Mr. Loeb deals with many technology hedge-fund employees...
Read all about it at http://online.wsj.com/article/SB10001424052970203833004577251732516175106.html?mod=WSJ_hp_LEFTWhatsNewsCollection
No comments:
Post a Comment