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Posts Tagged ‘what would criminal conviction mean for Goldman Sachs’

Goldman Sachs Now Facing Criminal Investigation

Posted by Larry Doyle on April 30th, 2010 10:47 AM |

Goldman Sachs stock is down approximately 8% this morning. What is going on?

The Department of Justice has announced it is launching a criminal investigation of Goldman Sachs. ABC reports, Justice Department Reviewing SEC Case Against Goldman Sachs:

Officials at the U.S. Department of Justice are reviewing whether the Securities and Exchange Commission’s recent fraud charges against Wall Street giant Goldman Sachs warrant a full-scale criminal investigation, two government sources told ABC News. (more…)






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