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Goldman Receives Subpoena Over Financial Crisis

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Donnachaidh Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-02-11 02:36 PM
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Goldman Receives Subpoena Over Financial Crisis
http://www.truthout.org/goldman-receives-subpoena-over-financial-crisis/1307040455

Goldman Sachs has received a subpoena from the office of the Manhattan district attorney, which is investigating the investment bank’s role in the financial crisis, according to people with knowledge of the matter.

The inquiry stems from a 650-page Senate report from the Permanent Subcommittee on Investigations that indicated Goldman had misled clients and Congress about its practices related to mortgage-linked securities.

Senator Carl Levin, Democrat of Michigan, who headed up the Congressional inquiry, had sent his findings to the Justice Department to figure out whether executives broke the law. The agency said it was reviewing the report.

The subpoena come two weeks after lawyers for Goldman Sachs met with the attorney general of New York’s office for an “exploratory” meeting about the Senate report, the people said.

More at the link --
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KansDem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-02-11 02:52 PM
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1. We'll see if they can shrug it off like so many Bushistas did.
Edited on Thu Jun-02-11 02:53 PM by KansDem
And now that Goldman Sachs is a "person," send a subpoena to "him."

on edit: or "her"
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