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To: orkrious who wrote (194908)10/2/2002 8:41:30 PM
From: Box-By-The-Riviera™  Read Replies (1) | Respond to of 436258
 
ain't a jail big enough



To: orkrious who wrote (194908)10/2/2002 8:48:29 PM
From: BDR  Read Replies (2) | Respond to of 436258
 
Goldman Sachs Faces Scrutiny
For IPO-Allocation Practices
online.wsj.com

By RANDALL SMITH
Staff Reporter of THE WALL STREET JOURNAL

Prominent executives at 21 of America's best-known corporations received hot IPO shares from Goldman Sachs Group Inc., which pocketed lucrative investment-banking fees from those companies during the stock market's rise in the late 1990s, according to congressional investigators.

Two executives of major Goldman clients -- eBay Inc. Chief Executive Margaret Whitman and Yahoo Inc. co-founder Jerry Yang -- each received shares in more than 100 initial public offerings of stock managed by Goldman since 1996, and quickly resold many of the shares at a profit.