Smells like JPMorgan’s London Whale.

Neil Barofsky on Goldman’s secret trading team.

collusion20posterJan. 8 (Bloomberg) — Neil Barofsky, former special inspector for the U.S. Treasury’s Troubled Asset Relief Program, talks about a secretive Goldman Sachs unit called Multi-Strategy Investing that wagers about $1 billion of the firm’s own funds on the stocks and bonds of companies.

Here’s the story.  It’s worth reading in full.

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