. UNITED STATES: GOVERNMENT : BANKS AND BANKING :INVESTMENT : INVESTIGATIONS:
A Few Questions for Goldman Sachs A Few Questions for Goldman Sachs Reuters Breaking Views By RICHARD BEALES and ROLFE WINKLER Published: April 26, 2010 New York Times <http://www.nytimes.com/2010/04/27/business/27views.html>When seven current and former employees of Goldman Sachs Lloyd Blankfein, its chief executive, and Fabrice Tourre, a French trader at the firm, among them appear before a Senate committee on Tuesday, there is a danger that the hearing will become consumed with grandstanding and headline-grabbing hectoring.
For past missteps to be avoided again, a more thoughtful inquisition is called for. Here are three possible icebreakers that the senators may consider posing:
[Discussion of each of these questions may be found in the article at the web link above.]
Would you do the Abacus deal again? Would you have sold Abacus securities to your best clients? If so, would you have told the clients more? Also covered in this article: A Good Deal for HertzThe car rental company Hertz has picked an aptly named takeover target. The $1.3 billion acquisition of a smaller rival, Dollar Thrifty, comes with just a 6 percent premium.
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