Posts Tagged ‘goldman’
Goldman to pay $550M to settle civil fraud charges (AP)
AP – Goldman Sachs & Co. has agreed to pay $550 million to settle civil fraud charges that the Wall Street giant misled buyers of mortgage-related investments.
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Goldman Sachs to pay out more than $550M over securities fraud
Wall Street titan Goldman Sachs agreed Thursday to fork over $550 million to settle a civil suit that charged it duped people into investing in subprime mortgages designed to fail.
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Warren Buffett defends Goldman Sachs; says Wall Street giant didn’t commit fraud
Investor Warren Buffett fiercely defended Wall Street giant Goldman Sachs Saturday, saying the much-maligned bank did not engage in fraudulent activities.
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Feds open criminal probe of Goldman (AP)
AP – Stepping up the pressure on Goldman Sachs two days after its executives were grilled and publicly rebuked by lawmakers, the Justice Department has opened a criminal investigation of the Wall Street powerhouse over mortgage securities deals it arranged.
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Feds launch criminal investigation of Goldman Sachs
Federal prosecutors have launched a criminal investigation of Goldman Sachs to determine if the Wall St. giant committed securities fraud, sources said Thursday.
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AP source: Criminal probe of Goldman under way (AP)
AP – The U.S. attorney’s office in Manhattan is conducting a criminal investigation of Goldman Sachs over mortgage securities deals the big Wall Street firm arranged, a knowledgeable person said Thursday.
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Goldman CEO denies wrongdoing in crisis (AP)
AP – The CEO of Goldman Sachs is testily defending his company’s ethics and business practices during the nation’s financial crisis, saying that customers buying securities from the investment house came looking for risk and that’s what they got.
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