Published in The New York Times Dealbook August 5, 2009, edited by Andrew Ross Sorkin
In its latest quarterly filing with the Securities and Exchange Commission, the firm offered lots of additional details about its hugely profitable second quarter. But deep into the filing, the investment bank also disclosed two government inquiries that weren’t mentioned in previous filings — one regarding its pay practices, and the other involving credit derivatives.
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Published in The Wall Street Journal August 5, 2009 by Joe Bel Bruno
Goldman Sachs Group Inc.’s second-quarter results might have attracted some unwanted attention from the government. The investment bank said Wednesday in a regulatory filing that the government has launched investigations into pay practices and credit-derivatives trading. Goldman said it was cooperating with the request, but declined to give further details.