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  2. Goldman Sachs - Wikipedia

    en.wikipedia.org/wiki/Goldman_Sachs

    In September 2011, Goldman Sachs announced that it was shutting down Global Alpha Fund LP, its largest hedge fund, which had been housed under Goldman Sachs Asset Management (GSAM). [ 83 ] [ 84 ] Global Alpha, which was created in the mid-1990s with $10 million, [ 85 ] was once "one of the biggest and best performing hedge funds in the world ...

  3. Shadow banking system - Wikipedia

    en.wikipedia.org/wiki/Shadow_banking_system

    Financial market participants. The shadow banking system is a term for the collection of non-bank financial intermediaries (NBFIs) that legally provide services similar to traditional commercial banks but outside normal banking regulations. [1] [2] S&P Global estimates that, at end-2022, shadow banking held about $63 trillion in financial ...

  4. Goldman Sachs controversies - Wikipedia

    en.wikipedia.org/wiki/Goldman_Sachs_controversies

    Goldman was criticized for allegedly misleading its investors and profiting from the collapse of the mortgage market during the 2007–2008 financial crisis.This led to investigations from the United States Congress, the United States Department of Justice, and a lawsuit from the U.S. Securities and Exchange Commission that resulted in Goldman paying a $550 million settlement in July 2010.

  5. What's a money market account? How an MMA works to ... - AOL

    www.aol.com/finance/what-is-a-money-market...

    A money market account is a type of interest-bearing account that combines the best of a high-yield savings account with the features of a checking account. MMAs offer rates of 4% APY or higher ...

  6. Goldman Sachs Asset Management to Disclose Daily NAV for US ...

    www.aol.com/news/2013-01-09-goldman-sachs-asset...

    Goldman Sachs Asset Management to Disclose Daily NAV for US-Domiciled Commercial Paper Money Market Funds NEW YORK--(BUSINESS WIRE)-- Goldman Sachs Asset Management announced that it will begin ...

  7. David Tepper - Wikipedia

    en.wikipedia.org/wiki/David_Tepper

    In December 1992, after being passed over for partner at Goldman Sachs twice in two years, Tepper quit. He began operating from a desk in the offices of mutual-fund manager and Goldman client Michael Price, aggressively trading his personal account in hopes of raising enough money to start his own fund. [ 4 ]

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