SEC accuses Goldman Sachs of fraud

Apr 16, 2010 20:54

It's about time. Now if only there were an organization that could sue the government for similar behavior. :P
WASHINGTON - The government on Friday accused Wall Street's most powerful firm of fraud, saying Goldman Sachs & Co. sold mortgage investments without telling the buyers that the securities were crafted with input from a client who was ( Read more... )

mortgages, banking, scandals, goldman sachs, barney frank, chris dodd

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graywolf44 April 17 2010, 19:24:49 UTC
Let's see ... Dow posts over 11,000 last week ...

Government accuses GS of civil fraud ...

Dow tanks ...

Coincidence of timing of accusation?

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