You are here

Citizens for Legitimate Government

Deep State Truth

CLG Breaking News and Commentary

Click here!

Contribute to CLG

Subscribe to Syndicate

Senate probe: Goldman misled clients, nation -- and made billions

Senate probe: Goldman misled clients, nation -- and made billions 26 Apr 2010 Goldman Sachs reaped "billions and billions of dollars" by betting on a housing market crash in 2006 and 2007, but the secret wagers put the firm in conflict with the interests of clients who were still buying its risky mortgage securities, Senate investigators said Monday. "The evidence shows that Goldman repeatedly put its own interests and profits ahead of the interests of its clients," Michigan Democratic Sen. Carl Levin, chairman of the Permanent Investigations Subcommittee, told a news briefing. "I think they've been misleading to the country."

Comments

What they did WAS illegal under English Common Law!