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: Mortgage Lender Implode-o-Meter

Other Major Banks Did Deals Similar to Goldman?s

By Implode-Explode Heavy Industries

"As you may have heard, Goldman Sachs is being sued for fraud by the Securities and Exchange Commission for allegedly misleading investors about a deal that Goldman helped structure and sell. In the civil suit, the SEC specifically faulted Goldman for failing to disclose that a hedge fund was helping create the investment while betting big the deal would fail."

Full post as published by Mortgage Lender Implode-o-Meter on April 16, 2010 (boomark / email).