Tag Archives: GS

Trust, But Verify. Big Fees Don’t Guarantee Advice That Should Be Followed. Goldman Sachs ‘Deal’ Destroys Couple’s Life’s Work

By | July 15, 2012

The New York Times has an incredible story today about the ongoing litigation between James and Janet Baker and Goldman Sachs. The Bakers hired Goldman Sachs to sell the company they had built, Dragon Systems.  Goldman did, and the sale, for $580 million in stock was closed with Lernaut & Hauspie. Just one month later, L&H was found… Read More »