The problems at Goldman Sachs Global Alpha fund have been well-documented. But the rumor will is heating up again. The latest, according to the New York Post, is that Mark Carhart and Raymond Iwanoski, who run the fund, were being pushed out. The bank says that it isn't true. There's also talk that the fund is down about 30 percent this year, and that investors would like out. But if things were really bad, I'm sure we would be hearing about bailout "opportunities" along the lines of the Global Equity Opportunities fund rescue, which seems to be working. You have to think that Goldman Sachs would not let the fund implode, unless for some reason it is beyond being salvaged. Which I doubt. There are other funds in worse shape. Pirate Capital comes to mind.  

For more:
- here's the New York Post article
- here an article on Pirate Capital from Financial News Online

Related articles:
-Goldman Sachs eats its own dog food, profitably
-More rescue refinancing on the way?
-Goldman Sachs fund a good opportunity after all?