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Department of Justice Wall Street Fraud Convictions
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08-16-2012, 06:33 AM
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BebopVT
Join Date
Oct 2005
Posts
445
Senior Member
Sorry I Have Misrepresented The Question , But Seems Stories Like These Are More Prevalent (numerous)
(UNACCOUNTABILITY)
The judge also said the plaintiffs did not show that directors acted in bad faith in letting Goldman repay $10 billion
taken from the Troubled Asset Relief Program early, in June 2009, freeing the bank from restrictions on executive pay.
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UPDATE 2
The case is a derivative lawsuit brought on behalf of Goldman, seeking changes in governance and internal controls, and with any payout going to the Wall Street bank rather than to shareholders
Justice Department drops Goldman financial crisis probe
Well at least we know that this idea is to big to fail
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