{"id":16017,"date":"2010-06-03T05:43:18","date_gmt":"2010-06-03T09:43:18","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=16017"},"modified":"2010-06-03T05:43:18","modified_gmt":"2010-06-03T09:43:18","slug":"wall-street-sees-sales-flaws-after-sec-goldman-suit","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2010\/wall-street-sees-sales-flaws-after-sec-goldman-suit.html","title":{"rendered":"Wall Street Sees Sales Flaws After SEC Goldman Suit"},"content":{"rendered":"<p>BusinessWeek\u00a0 &#8211; Wall Street\u2019s biggest firms are considering the  suitability of selling opaque financial products to governments,  endowments and not-for-profit institutions after the contracts magnified  credit-market losses that plunged the U.S. into a recession.<\/p>\n<p>\u201cThere is no distinction among very different  groups of investors, and this is where things might change,\u201d said Dino  Kos, a managing director at Portales Partners LLC in New York and former  head of the Federal Reserve Bank of New York\u2019s open market operations.  \u201cWall Street cannot pretend anymore that the treasurer of a small town  in the Midwest on a civil service salary and no analytical support has  the same level of sophistication as a specialized hedge fund.\u201d<\/p>\n<p><a href=\"http:\/\/www.businessweek.com\/news\/2010-06-02\/wall-street-sees-sales-flaws-after-sec-goldman-suit-update1-.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BusinessWeek\u00a0 &#8211; Wall Street\u2019s biggest firms are considering the suitability of selling opaque financial products to governments, endowments and not-for-profit institutions after the contracts magnified credit-market losses that plunged the U.S. into a recession. \u201cThere is no distinction among very [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-16017","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/16017","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=16017"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/16017\/revisions"}],"predecessor-version":[{"id":16019,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/16017\/revisions\/16019"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=16017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=16017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=16017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}