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Allan Sloan

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Latest Headlines

More signs of backlash

We've been talking about the need for banks to be sensitive about the likelihood of a public backlash, as they bonus seasons rolls on. But the fact is that the backlash has already started--in Washington and on Main Street. You have to wonder what good a PR campaign is at this point. Goldman S

Goldman Sachs takes a bath on Hyatt

Goldman Sachs ( GS ) is known as a savvy principal investor, but not all of its deals end up winners. Columnist Allan Sloan takes a look at its Hyatt deal. The gilded firm (and some of its clients) and a Sam Walton family investment fund "bought a combined $1 billion of stock from Hyatt. This mo

Can you really blame the SEC for Madoff scam?

The SEC is taking some massive punches for its failure to detect the massive Bernard Madoff Ponzi scheme, even after regulators probed the firm no less than eight times over 16 years, according to one WSJ report . But columnist Allan Sloan suggests that the system is set up this way: "Y