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Goldman Sachs charged with fraud by SEC

Written by: Dana Salvo

NEW YORK (Reuters) – Goldman Sachs Group Inc was charged with fraud by the U.S. Securities and Exchange Commission over its marketing of a subprime mortgage product, igniting a battle between Wall Street’s most powerful bank and the nation’s top securities regulator.

April 17, 2010 @ 2:48 am Trackback URL Posted in Industry News and tagged with , civil lawsuit, Doug Kass, fraud, goldman sachs, Jacob Zamansky, John Paulson, Lloyd Blankfein, sec.

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