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To: TobagoJack who wrote (62857)	4/18/2010 7:13:57 AM
From: Haim R. Branisteanu	Read Replies (3) of 218180

more news re- GS UK's FSA launches Probe Into Goldman Sachs Alleged Fraud-Paper LONDON (Dow Jones)--The U.K.'s Financial Services Authority has launched a probe into the London operations of Goldman Sachs Group Inc. (GS) after claims that the international bank orchestrated a $1 billion, or GBP650 million, fraud against investors, reports The Sunday Times newspaper, without saying where it got its information. Investigators from the FSA are liaising with their U.S. counterparts at the Securities and Exchange Commission, which took action against the bank in a New York court Friday. Fabrice Tourre, the Goldman Sach executive at the center of the claims, has worked at the bank's London headquarters since late 2008. It is understood the FSA is examining trades similar to the transaction that prompted the legal challenge from the U.S regulator, according to the report. An FSA spokeswoman declined to comment on the report Sunday. Newspaper Web site: timesonline.co.uk

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