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

[think]

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

[R. Daneel Olivaw]

1. Jus tell them to "cut it out" and everything will be jus fine.

[think]

2. It worked so well the last time....

[gratuitous]

3. That's "cut it out, please," thankyouverymuch

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.

[TeeYiYi]

15. Naw...

...it's Pasta!

TYY

[NBachers]

4. What's the dollar value of this bid-rigging? Is it worse than shoplifting? Shoplifting gets you shot

[think]

6. No clue. But it's a $13 trillion dollar market so it would seem there would be some sizable

money involved....

[floriduck]

5. Time for another quarter mil speech. nm

[840high]

12. Of course. Coming up.

[SHRED]

7. Marc Mezvinsky can call them...

...and tell them to "cut it out".

Oh...wait...

[Rex]

8. Well...they will stop it this time! NO doubt, since they are caught red handed and all.

Okay...so then back to work.

[jalan48]

9. No way. Not the job creators.

[elmac]

10. Too big to fail

and big enough to manipulate Treasurys.

[99th_Monkey]

11. K*R

[Jarqui]

13. "Investigators obtain chats and emails that appear to implicate Goldman

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]

14. That reminds me.... Hey Hillary, where are those speeches you made?

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

[Spitfire of ATJ]

16. The ultimate inside job.