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The American Empire in a Changing World



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Friday, June 3, 2011

'Goldman Sachs served with subpoenas in US inquiry'

poor bastards........................from the telegraph....

"Cyrus Vance Jr, the Manhattan district attorney, is said to be looking at launching civil proceedings against Goldman Sachs after the bank was heavily criticised by a senate report into the activities of banks during the crisis.
In April, the Senate permanent sub-committee on investigations handed its report on Wall Street's role in the collapse of the housing market to the US Justice Department.
In particular, the committee accused banks, including Goldman Sachs, of misleading investors in mortgage-linked securities"..........LINK


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