Massachusetts is pushing forward with its subpoena of Morgan Stanley over exactly who knew what before the Facebook IPO.
Massachusetts regulators have fined Goldman, Sachs & Co. $10 million and ordered the investment firm to stop its policy of favoring certain clients over others.
State Treasurer Steven Grossman says he has appointed a special counsel experienced in securities law enforcement to handle a federal investigation into Goldman Sachs Group’s dealings with his predecessor, Timothy P. Cahill and Cahill’s former aides.
The U.S. Securities and Exchange Commission is investigating the relationship between former state Treasurer Timothy Cahill, his official and campaign staffs and a former aide who went on to work for investment banker Goldman Sachs.
It’s been a couple of months since the $700 billion bailout was issued to rescue Wall Street, but now many are wondering how the money is really being…