Goldman Sachs Group Inc (GS)

[z4lover]

Hmmm interesting... Staying clear, but I didn't expect stuff like this to happen...

AIG Replaces Goldman With Citigroup, Bank Of America - NYT
Friday 05/07/2010 3:23 AM ET - Dow Jones News

DOW JONES NEWSWIRES

American International Group Inc. (AIG) has replaced its main corporate adviser Goldman Sachs Group Inc. (GS) with Citigroup Inc. (C) and Bank of America Corp. (BAC), the New York Times reported on its website, citing three people with knowledge of the matter.
The newspaper reported Thursday that the move is the first in what could be a slew of defections among Goldman clients, according to some analysts, in view of allegations that Goldman defrauded customers in a complex mortgage investment.
A Goldman spokesman and an AIG spokeswoman declined to comment, the newspaper said. Bank of America and Citigroup didn't immediately respond to requests for comment, according to the newspaper.
AIG met with its two new advisers Thursday, the people told the newspaper.

Full story: http://www.nytimes.com/2010/05/07/business/07goldman.html?dbk

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(END) Dow Jones Newswires
05-07-10 0323ET
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