We’re hearing that more suits may follow in the wake of the Goldman lawsuit. What must you know?

We spoke with Jacob Zamansky of Zamansky & Associates who says the fraud charges are a gam changer and he plans to sue.

”Goldman told their investors this was a great fund to invest in when they knew that Paulson was going short and there were problems. It’s a conflict of interest. There has been a lot suspicion that they’ve been doing things like this for years and this case will prove it.”

Want to hear more? Watch the video for our entire interview with Jacob Zamansky.

 

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Current DateTime: 10:25:55 10 Feb 2012
LinksList Documentid: 26256943

• • Anthony Scaramucci: S&P 500 Stocks Still Cheap
  • Home Builder Optimism Up, Industry Expert Says
  • Chart Patterns Suggest Pullback at Hand
  • UPDATE: Massive Trend Just Getting Underway in Financial Services: Finerman
  • Terranova: Beware Nuance Play On Apple Spike
  • Top Fashion Stocks for 2012
  • Pros Bullish On Visa, Even After It Hits a New High
  • Semantics Suggest Higher Bid Ahead for Illumina: Finerman
  • Premium Commanded by Whole Foods Ridiculous, or Surprisingly Modest?
  • Caesar’s IPO Might Not Be a Good Bet, Pros Say

Current DateTime: 10:25:55 10 Feb 2012
LinksList Documentid: 26256941

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• Word On The Street

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Trader disclosure: On April 16, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Finerman's Firm Is Short (IYR), (IJR), (MDY), (IWM); Finerman's Firm Is Long S&P Puts; Finerman Owns (AAPL); Finerman's Firm Owns (BAC), (BAC) Leaps; Finerman Owns (BAC), (BAC) Preferred; Finerman's Firm Owns (JPM); Finerman's Firm And Finerman Own (WFC) Preferred; Kelly Owns (FRE); Kelly Owns (FXE) Puts; Adami Owns (AGU), (BTU), (C), (GS), (INTC), (MSFT), (NUE); Terranova Owns (SWN), (XCO); Terranova Owns (FXY) May Calls; Terranova Owns (C) May Calls; Terranova Is Short (BRE); Terranova Is  Long (SONC) May Calls

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