Goldman Targeted by Investor Complaints of Naked Short-Selling

Bloomberg.com - By Pierre Paulden and Caroline Salas

At least two fund managers complained verbally to officials of the Loan Syndications and Trading Association, saying they believe Goldman helped drive down prices by using the technique, according to people with knowledge of the objections. New York- based Goldman is acting against its clients by trying to profit at their expense, the investors said.

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