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think

(11,641 posts)
Sun Mar 27, 2016, 09:05 PM Mar 2016

Goldman Sachs probed in alleged rigging of Treasury market (Market Watch - March 21, 2016)

Goldman Sachs probed in alleged rigging of Treasury market

Published: Mar 21, 2016 11:32 a.m. ET

Investigators obtain chats and emails that appear to implicate Goldman in manipulating Treasury note prices

Washington’s probe into the alleged rigging of the $13 trillion US Treasurys market by Wall Street banks has narrowed its focus to a handful of firms — including Goldman Sachs, The Post has learned.

In addition, European authorities have opened up their own investigation into possible Treasurys bid-rigging, sources said.

Investigators in the fraud division of the Justice Department have obtained chats and e-mails from Goldman GS, -0.70% that appear to implicate the company in manipulating the price of Treasury bonds, according to two sources familiar with the investigation.

Those chats and e-mails are being analyzed to determine if traders at other banks could be involved with any possible bid-rigging of US government debt, those two people said.

The identities of any traders in investigators’ cross-hairs couldn’t be learned...

Read more:
http://www.marketwatch.com/story/goldman-sachs-probed-in-alleged-rigging-of-treasury-market-2016-03-21
16 replies = new reply since forum marked as read
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Goldman Sachs probed in alleged rigging of Treasury market (Market Watch - March 21, 2016) (Original Post) think Mar 2016 OP
Jus tell them to "cut it out" and everything will be jus fine. R. Daneel Olivaw Mar 2016 #1
It worked so well the last time.... think Mar 2016 #2
That's "cut it out, please," thankyouverymuch gratuitous Mar 2016 #3
Naw... TeeYiYi Mar 2016 #15
What's the dollar value of this bid-rigging? Is it worse than shoplifting? Shoplifting gets you shot NBachers Mar 2016 #4
No clue. But it's a $13 trillion dollar market so it would seem there would be some sizable think Mar 2016 #6
Time for another quarter mil speech. nm floriduck Mar 2016 #5
Of course. Coming up. 840high Mar 2016 #12
Marc Mezvinsky can call them... SHRED Mar 2016 #7
Well...they will stop it this time! NO doubt, since they are caught red handed and all. Rex Mar 2016 #8
No way. Not the job creators. jalan48 Mar 2016 #9
Too big to fail elmac Mar 2016 #10
K*R 99th_Monkey Mar 2016 #11
"Investigators obtain chats and emails that appear to implicate Goldman Jarqui Mar 2016 #13
That reminds me.... Hey Hillary, where are those speeches you made? Cassiopeia Mar 2016 #14
The ultimate inside job. Spitfire of ATJ Mar 2016 #16

gratuitous

(82,849 posts)
3. That's "cut it out, please," thankyouverymuch
Sun Mar 27, 2016, 09:17 PM
Mar 2016

Now it doesn't count, and Goldman Sachs (isn't that where Mrs. Ted Cruz draws a paycheck?) can go on with what they've been doing.

NBachers

(17,341 posts)
4. What's the dollar value of this bid-rigging? Is it worse than shoplifting? Shoplifting gets you shot
Sun Mar 27, 2016, 09:21 PM
Mar 2016
 

think

(11,641 posts)
6. No clue. But it's a $13 trillion dollar market so it would seem there would be some sizable
Sun Mar 27, 2016, 09:44 PM
Mar 2016

money involved....

 

Rex

(65,616 posts)
8. Well...they will stop it this time! NO doubt, since they are caught red handed and all.
Sun Mar 27, 2016, 09:51 PM
Mar 2016

Okay...so then back to work.

Jarqui

(10,150 posts)
13. "Investigators obtain chats and emails that appear to implicate Goldman
Mon Mar 28, 2016, 12:05 AM
Mar 2016
in manipulating Treasury note prices ..."


Hopefully, none of those emails were deleted from the Clinton's home server ...

Any speech transcripts turn up
?

So bonkers. Only in America.

Cassiopeia

(2,603 posts)
14. That reminds me.... Hey Hillary, where are those speeches you made?
Mon Mar 28, 2016, 12:07 AM
Mar 2016

It's more important than ever for you to show us what you say to your banking friends behind closed doors.

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