Is anyone surprised? Goldman Sucks… er, Goldman Sachs is unprofessional, unethical and has no shame whatsoever. Oh, and their profits are down 23% so they are on track to pay themselves record bonuses again ; )
“Investigations are deepening into the potential involvement of Goldman Sachs Group Inc. employees in the high-profile Galleon Group insider-trading ring.
U.S. prosecutors and securities regulators are investigating whether a senior Goldman investment banker gave Galleon hedge-fund traders advance word of pending health-care deals, according to people familiar with the matter. The banker, whom the people identified as Matthew Korenberg, is a San Francisco-based managing director for Goldman, a senior post.
Among the merger deals being scrutinized by Los Angeles federal prosecutors and the Securities and Exchange Commission is the 2009 acquisition by Abbott Laboratories of Advanced Medical Optics, a Santa… ” – WSJ