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Friday, August 10, 2012

''Justice Department will not prosecute Goldman Sachs, employees for Abacus deal''

From Reuters

''Neither Goldman Sachs Group Inc nor its employees will face U.S. criminal charges related to trades they made during the financial crisis that were highlighted in a 2011 U.S. Senate report, the Justice Department said on Thursday.

The unusual announcement not to prosecute criminally came in an unsigned statement attributed to the department.''

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