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Goldman told in advance it faced SEC action: Reuters

By   || April 16, 2010 at 17:12 GMT
|| 11 comments || Add comment

Okay, conspiracy fans, here’s one you’ll love: Reuters reports the SEC told Goldman in advance it was set to take action against it. Think the prop desk might have had a few “hedges” on?

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11 Responses to “Goldman told in advance it faced SEC action: Reuters”

  1. Annie on April 16th, 2010 17:17 GMT

    Lilac was right

  2. Adje on April 16th, 2010 17:20 GMT

    Lol plus 100.000 % gain on put options in GS today. wonder who bought those,

  3. lilac on April 16th, 2010 17:23 GMT
  4. layaguara on April 16th, 2010 17:28 GMT

    bet 2 send an entire country into its demise and make them pay 4 it… a newer version of the latest Greek (bond) saga – probably charged 3, 4 times a hefty commission 4 doing this

  5. lilac on April 16th, 2010 17:34 GMT

    Can’t help thinking there’s a lot more to this anyway, in view of the yuan situation.

    Didn’t a Chinese power company already refuse to cough up $80m lost on two hedging contracts a while back?

  6. Nicola on April 16th, 2010 17:38 GMT
  7. shantos on April 16th, 2010 19:04 GMT

    hehe .. you’d have thought stocks would have rallied on Goldies getting done by the SEC … lot of ppl will be smiling ….

  8. coloyan.com - » Did Goldman Sachs Buy Put Options Against Itself Ahead of SEC Investigation? on April 16th, 2010 19:56 GMT

    [...] Sachs knew in advance that it was going to be investigated by the SEC. The question is whether they used this inside [...]

  9. Did Goldman Short Itself, Reuters Reports Goldman Was Told In Advance It Faced SEC Action | Stocks! on April 16th, 2010 23:21 GMT

    [...] h/t Forexlive [...]

  10. Chngster on April 17th, 2010 00:15 GMT

    Is that why Sean reported Goldman made big JPY sell-offs about 4 days ago? Hmmm….dirty B******s

  11. hsbc on April 17th, 2010 02:41 GMT

    yes

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