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Real Estate & Property Law

: The Home Equity Theft Reporter

Feds Charge Goldman Sachs With Fraud In Civil Suit In Connection With The Manufacturing & Peddling Of Subprime Mortgage Securities

By r morris

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In New York City, The Associated Press reports:The government has accused Goldman Sachs & Co. of defrauding investors by failing to disclose conflicts of interest in mortgage investments it sold as the housing market was collapsing. The Securities and Exchange Commission said in a civil complaint Friday that Goldman failed to disclose that one of its clients helped create -- and then bet against

Full post as published by The Home Equity Theft Reporter on April 18, 2010 (boomark / email).

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