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24-11-2013, 02:20 AM
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Reputation: 1 (http://www.sammyboy.com/reputation.php?uid=5148) Goldman Sachs Takes Information From Its Clients And Uses It To Trade Against Them, Says Private Equity Investor

http://www.businessinsider.com/goldm...t-clients-2011 (http://www.businessinsider.com/goldman-sachs-trades-against-clients-2011)

A private equity investor is quoted questioning the existence of a "Chinese wall" at Goldman in a new book about Goldman Sachs.

Whether or not Goldman Sachs has a "Chinese Wall" barring prop traders from trading on information gleaned from the firm's client business has been questioned for some time now.

(Technically, all firms that engage in both have to separate the businesses, or it's illegal.)




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