Interesting reading: Pages Of Tourre Emails Released
"Goldman Sachs (GS), the most profitable securities firm in Wall Street history, released more than 70 pages of e-mail and other documents yesterday ahead of a U.S. Senate subcommittee hearing on the firm’s actions throughout the mortgage meltdown. The firm disputes the U.S. Securities and Exchange Commission’s claim that Goldman Sachs and Tourre, now 31, misled investors in a 2007 collateralized debt obligation about the role played by hedge fund Paulson & Co., which bet the CDO would collapse."
in Bloomberg
Goldman Sachs Group, Inc. (Public, NYSE:GS) is down 15% since the news hit the market on Friday, April 16th. The intraday low of the last 6 trading sessions was hit last Monday at around 155 dollars per share.
Related ETF`s: Financial Select Sector SPDR (ETF) (Public, NYSE:XLF)
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