US Government Attack on Gibson Guitar Message Board

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Politics : US Government Attack on Gibson Guitar

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To: CF Rebel who wrote (187)	8/9/2012 7:34:29 PM
From: joseffy	of 227

Justice Department says it won't prosecute Goldman Sachs or its employees for financial fraud Thursday, August 9, 2012 WASHINGTON (AP) — Justice Department says it won't prosecute Goldman Sachs or its employees for financial fraud. Read more: seattlepi.com A Senate panel found that Goldman marketed four sets of complex mortgage securities to banks and other investors but that the firm failed to tell them that the securities were very risky. The Senate panel said Goldman secretly bet against the investors' positions and deceived the investors about its own positions to shift risk from its balance sheet to theirs. Read more: foxnews.com

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