John Bryan News
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Emotions ran high in Colorado Springs as hundreds of people forced to flee their wooded subdivisions learned whether their homes survived the most destructive wildfire in state history.
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At Bank of America Corp., David Farrell spent his day taking calls from credit-card customers in Ireland. Now, he’s learning to sow seeds to escape the worst recession in the country’s modern history.
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Goldman Sachs Group Inc., just months after being assailed by an ex-employee for harboring a “toxic” culture, faces a harsh spotlight this month in Manhattan federal court over how well a senior official guarded its secrets.
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Goldman Sachs Group Inc. Chief Executive Officer Lloyd Blankfein and six others may be questioned under oath by lawyers for the Securities and Exchange Commission and Rajat Gupta, who was charged with insider trading as part of the Galleon Group LLC investigation.
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Goldman Sachs Group Inc. won’t face a union challenge to Lloyd C. Blankfein’s dual role as chairman and chief executive officer after agreeing to appoint an independent board member as “lead director.”
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Credit Suisse Group AG bankers accused of helping Americans cheat on taxes plan to ask the Justice Department to dismiss their indictment amid talks to resolve a U.S.-Swiss dispute over tax evasion and a probe of the bank, according to five people familiar with the matter.
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Goldman Sachs Group Inc. Chief Executive Officer Lloyd Blankfein and six others may be questioned under oath by lawyers for the Securities and Exchange Commission and Rajat Gupta, who was charged with insider trading as part of the Galleon Group LLC investigation.
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Ex-Goldman Sachs Group Inc. Director Rajat Gupta, set for trial next year on insider-trading charges, told a judge in a related civil case that he wants to question the bank’s executives and Galleon Group LLC former traders.
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Goldman Sachs Group Inc. ’s reputation sustained a body blow last year when the firm paid $550 million to settle a fraud claim by the Securities and Exchange Commission over its sales of a mortgage-bond deal called Abacus. The integrity of its financial statements, however, has never come under serious challenge.
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A U.S. investigation of possible insider-trading by Goldman Sachs Group Inc. employees expanded to include a managing director whose name emerged at the trial of convicted hedge fund manager Raj Rajaratnam, a person with knowledge of the probe said.
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