Wosnitzer Says Goldman `Fudges the Line’ on Volcker Rule

March 28 (Bloomberg) — Robert Wosnitzer, former corporate bond salesman at Lehman Brothers Holdings Inc., talks about Goldman Sachs Group Inc.’s Special Situations Group. Goldman has shut two units that made bets with the company’s money because such proprietary trading by banks will be prohibited under the Volcker rule approved by Congress last year. Still, the Special Situations Group, known as SSG, continues to make investments and named a new global head last month. Wosnitzer talks with Erik Schatzker on Bloomberg Television’s “InsideTrack.” (Source: Bloomberg)