In a Goldman Sachs report entitled "All About Bitcoin," one of the world’s largest financial institutions said that it doesn't necessarily see bitcoin as a viable, legitimate currency. Instead, it noted that bitcoin will likely become an innovative payments technology. One … [Read more...]
Goldman Sachs takes a neutral stance on bitcoin
In the past several weeks, only a handful of Wall Street financial institutions have commented on bitcoin. After numerous requests from clients, Goldman Sachs has finally issued an early assessment on the virtual currency. What does it think about the cryptocurrency? It’s hard to tell … [Read more...]
Goldman Sachs Rajat Gupta Sentenced for Insider Trading
Former Goldman Sachs director Rajat Gupta was sentenced Oct. 24 for an insider trading conviction handed down by a Manhattan federal court in June. Gupta’s sentence includes two years in prison and a $5 million fine. … [Read more...]
