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Goldman shareholder sues ex-director Gupta

A Goldman Sachs Group Inc shareholder sued Rajat Gupta, a former director of the investment bank, on Monday over trades revealed at the criminal insider trading trial of Galleon hedge fund founder Raj Rajaratnam.
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Pawlenty walks with staffers to hold a news conference after speaking at the Cato Institute in Washington

Pawlenty to outline economic plan

Republican presidential candidate Tim Pawlenty on Tuesday will lay out his plan detailing how he would balance the federal budget and reshape the nation's tax code, The AP reported
People wait in line to attend a job fair for military veterans and other unemployed people in Los Angeles

Employment Data & Market Implications

A weaker than expected May jobs report and downward revisions to the March and April releases has rekindled fears of either a double dip recession or a stagflationary economic environment.

Groupon Files For IPO

Groupon has become the next big social company to file for an IPO, following in LinkedIn's footsteps.
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Top UBS investment bankers defect to Citi

Two of top UBS AG investment bankers, Cary Kochman and Jim Glerum, have left the firm to join Citigroup , yet another blow to the investment bank grappling with an exodus of senior dealmakers.

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