Shares of Goldman Sachs fell for a second day Monday following accusations on Friday that the U.S.investment firm defrauded investors.

VOA: standard.2010.04.19

Sir Moir wearily insists that many of the problems stem from under-investment by Network Rail, which owns the tracks, and points to his own firm's investment in new rolling stock.

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Then he shredded the firm's investment banking unit, another moneylosing operation only about 30 out of 300 investment bankers remain.

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Meanwhile, Mack has emphasized the firm's investment bank and asset management areas, striking several deals to acquire hedge fund managers, for example.

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