April 30, 2012
Lawyers for Goldman Sachs Group Inc. CEO Lloyd Blankfein and members of the Goldman board asked a federal judge on Monday to dismiss a class action over the way the firm handled government bailout money, saying actions they took to repay the cash were sound business decisions.
September 21, 2011
Members of the Goldman Sachs Group Inc. board and executive committee were hit with a derivative shareholder suit Tuesday over their allegedly negligent management of government bailout funds, which the suit claims caused reputational and financial damages worth billions of dollars.