Prosecuters scrutinize SEC case against Goldman

| 30/04/2010

(Bloomberg): Federal prosecutors in New York are investigatingtransactions by Goldman Sachs Group Inc. accused of misleading investors, to determine whether to pursue a criminal fraud case, according to two people familiar with the matter. The federal review, which lawyers say is common in such a high-profile case, is being done by the US attorney in Manhattan, according to sources not authorized to comment and spoke on condition of anonymity.  The Securities and Exchange Commission filed a civil lawsuit against Goldman Sachs on April 16 alleging fraud tied to collateralized debt obligations that contributed to the worst financial crisis since the Great Depression.

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