Goldman Sachs gets away with it
August 10, 2012 9:30 AM Subscribe
In April 2011, the Senate Permanent Subcommittee on Investigations (PDF) release a report that Goldman Sachs knowingly sold mortgage-backed securities that they believed would fall in value, and then shorted them for billions in profit. The Department of Justice and the U.S. Attorney for the Southern District of New York declined to press charges today.
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