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A lawsuit accusing P-E firms of colluding to drive down prices of target acquisition companies...

A lawsuit accusing P-E firms of colluding to drive down prices of target acquisition companies is given the green light to move forward by a federal judge. Those charged include Blackstone (BX), Carlyle (CG), KKR, and the P-E arm of Goldman Sachs (GS). Apollo Global (APO) was one of two firms which successfully won dismissal of the suit.
Comments (2)
  • DAG Investments
    , contributor
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    What an amazing coincidence in timing this news. Hilarious.
    18 Jul 2013, 02:57 PM Reply Like
  • Director one
    , contributor
    Comments (61) | Send Message
     
    You should have seen what they were doing to the market in 2007.......... and in the crash of 1987 Goldman sold out all customer longs....claiming they were theirs to by pass the uptick rule..........yes they were caught and paid a fine..........of course they neither admitted the crime or denied it...........the great SEC at work for you and me.....
    18 Jul 2013, 03:21 PM Reply Like
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