Free Republic 1st Qtr 2026 Fundraising Target: $81,000 Receipts & Pledges to-date: $5,552
6%  
Woo hoo!! And now less than $8k to reach 13,500 by Jan 15th!! Thank you all very much!! God bless.

Keyword: secs

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  • SEC's Goldman charges could be just the beginning

    04/17/2010 11:17:21 PM PDT · by Nachum · 3 replies · 397+ views
    mcclatchy ^ | 4/17/10 | Greg Gordon
    WASHINGTON — Goldman Sachs, whose tactics exiting the collapsing subprime mortgage market have been under government scrutiny for months, now faces federal fraud charges that it duped investors into losing $1 billion on a rigged offshore deal pegged to dicey home loans. The suit, brought Friday by the Securities and Exchange Commission, accuses Goldman and one of its vice presidents, 31-year-old Fabrice Tourre, of allowing a Wall Street hedge fund to secretly select many of the securities in the deal.