Goldman Sachs Sets Up Secret Fund To Skirt New Financial Rules On Risky Trading

Goldman Sachs Sets Up Secret Fund To Skirt New Financial Rules On Risky Trading: Goldman Sachs chief executive Lloyd Blankfein has said repeatedly that his bank would comply with the Volcker Rule, a new regulation from the Dodd-Frank Wall Street Reform Act meant to eliminate the most risky trades from banks that have the backing of the federal government and its taxpayers. Despite those promises, the bank has set [...]/p