Thursday, April 14, 2011
Lloyd Blankfein, CEO of Goldman Sachs, smiles during testimony before the Senate Homeland Security and Governmental Affairs Investigations Subcommittee hearing in 2010.
Senate probe alleges Goldman mortgage deception. Investigation panel head calls Goldman Sachs tactics ‘disgraceful’.
By Ronald D. Orol, MarketWatch
WASHINGTON (MarketWatch) — A Senate subcommittee has accused Goldman Sachs of selling poor quality mortgage securities it bet against and is pushing the Justice Department to investigate Goldman CEO Lloyd Blankfein’s testimony before Congress. Article posted here
Posted by Helge at 10:09 AM