Goldman analyst has last laugh after oil soars

Article Abstract:

Arjun N. Murti, The Goldman Sachs Group Inc. of the United States forecasted that oil prices would soar in March, 2005. His forecast was based on the high demand for oil with lessening supply plus the possibility there could be a crisis in a foreign oil exporting country. With his correct prediction Mr. Murti has achieved "rock star" status.

Investment Banking and Securities Dealing, Investment Banking, Security brokers and dealers, Reports, Investment banks, Biography, Economic forecasting, Personality profile, The Goldman Sachs Group Inc., Murti, Arjun N.

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Refco's Bennett arrested, charged with fraud

Article Abstract:

Chief Executive Officer Phillip R. Bennett on indefinite leave from Refco Inc. of the United States is accused of securities fraud. Mr. Bennett is alleged to have falsified financial records, misleading investors who bought approximately $600 million of stock.

Legal issues & crime, Financial management, Legal/Government Regulation, Security and Commodity Services, Commodity contracts brokers, dealers, Company legal issue, Cases, Finance, Securities fraud, Company Profile, Commodities industry, Company financing, Bennett, Phillip R., Refco Inc.

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