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Goldman Sachs Under Investigation For Its Role In Subprime Mortgage Meltdown

First Posted: 03/24/10 06:12 AM ET Updated: 05/25/11 04:15 PM ET

Goldman

McClatchy:

WASHINGTON -- One of Congress' premier watchdog panels is investigating Goldman Sachs' role in the subprime mortgage meltdown, including how the firm sold securities backed by risky home loans while it simultaneously bet that those bonds would lose value, people familiar with the inquiry said Friday.

Read the whole story: McClatchy

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Filed by T.J. Ortenzi  |