Spotlight on Goldman

Peter Madigan
07 Jun 2010

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Lloyd Blankfein, chairman and chief executive of Goldman Sachs, described it as one of the worst days in his professional career. Outside the firm, the revelation on April 16 that the US Securities and Exchange Commission (SEC) had filed a lawsuit against Goldman Sachs for misleading its customers was met with astonishment, sending shares in the bank tumbling more than 12%. Just 11 days later, Blankfein and other senior officials from the firm were summoned to appear before the US Senate

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