Senate Probe: Goldman Sachs Screwed Clients, Lied to Us

Goldman Sachs may have criminally misled its clients when it sold them mortgage-backed securities without mentioning that Goldman itself would profit if they failed, the Senate’s Subcommittee on Investigations has concluded, recommending that the Justice Department and SEC consider pressing charges. The panel also recommended perjury charges against CEO Lloyd…

Read more:
Senate Probe: Goldman Sachs Screwed Clients, Lied to Us

Posted by on April 14, 2011. Filed under News, World News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.