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Goldman Sachs (GS) is thinking about spinning off all or part of its massive private-equity arm,...

Goldman Sachs (GS) is thinking about spinning off all or part of its massive private-equity arm, concerned that the Volcker Rule will create enormous uncertainty that sends investors fleeing. Goldman isn't the only one worried either.
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Comments (3)
  • gretel
    , contributor
    Comments (305) | Send Message
     
    Great , get the CROOKS with there Senators in Tow a little in the Corner !
    3 Aug 2010, 02:52 PM Reply Like
  • Steve Soden
    , contributor
    Comments (619) | Send Message
     
    The Government wants Banks to take less risk with The Publics Money.
    Even if they do make a ton of Money off parties willing to float risky Deals day in and day out.
    Our society should take less risk and leave such bets for The Underworld, who can get wiped out, one by one. Sooner or later your on the wrong side of these unless your a manipulator like Goldman Sachs that once on the wrong side can get a stupid client to take them off the hook.
    It looks like the Jig is up for Goldman but I think they'll keep doing The Governments dirty work and eventually go away.
    7 Aug 2010, 08:39 PM Reply Like
  • theHookLC
    , contributor
    Comments (22) | Send Message
     
    Finreg was not about risk management. It was about government control. Bad regulations can and will be worse than no regulation (btw, we had lots of regulations before the last banking mess).
    8 Aug 2010, 08:52 AM Reply Like
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