Rumors about Goldman Sachs intensify
Now, even Goldman Sachs is being engulfed in the crisis. Maybe it's sour grapes, but the company's stellar 3Q earnings continue to be the object of whispers. It all started when the New York Post reported that the SEC's New York office was looking into just how it was able to hedge so adroitly. Now, TheStreet.com has reported that the Financial Industry Regulatory Authority is undertaking an inquiry of some sort. This may be an industry-wide look at how securities are marked to market. If anything came of this, if the firm were forced to restate, it would be electrifying news. Stay tuned.
For more:
- here's the article from TheStreet.com
Related articles:
- Is Goldman Sachs under investigation?
- Glitter fading from Goldman's earnings?




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