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SEC drops probe into Goldman Sachs' role in selling subprime mortgage securitie
invite response
2012 Aug 9, 6:55am 1,569 views 3 comments
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2
epitaph
2012 Aug 9, 7:50am
epitaph
2012 Aug 9, 7:50am
They will settle for pennies on the dollar, and nobody will go to jail.
3
bubblesitter
2012 Aug 10, 2:05am
bubblesitter
2012 Aug 10, 2:05am
Only in America - Steal tax payer $ and still stay free. Other third world countries does not have taxpayers to begin with - hence nothing to steal. Way to set an example - USA!
The Securities and Exchange Commission has dropped an investigation into Goldman Sachs Group Inc's role in selling $1.3 billion worth of subprime mortgage securities, the investment bank said in a regulatory filing on Thursday.
In February Goldman received a so-called Wells notice from SEC staff related to disclosures in the deal's offering documents. Such notices typically indicate the agency plans to take some kind of enforcement action, and give firms a chance to respond.
http://nalert.blogspot.com/2012/08/sec-drops-probe-into-goldman-sachs-role.html
#housing