Goldman faces U.S. criminal probe – Maktoob Business

… Goldman Sachs Group Inc or its employees committed securities fraud in connection with its mortgage trading, the Wall Street Journal … charging that it hid vital information from investors about a mortgage-related security. “Given the recent …
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Morgan Stanley shares drop over probe – Washington Times
… 200 million derivatives whose performance was tied to mortgage-backed securities, according to a report in the Wall Street … investigation comes as the Securities and Exchange Commission is charging Morgan Stanley competitor Goldman Sachs … Go to Source…

Goldman Played Bigger Role in AIG Trades, WSJ Reports – Insurance Journal
Goldman Sachs Group Inc. played a bigger role in fueling the mortgage bets that crippled American Insurance Group Inc. than has been publicly disclosed, the Wall Street Journal reported Saturday. An analysis by the paper of AIG’s trades on pools of … Go to Source…

SEC examining Goldman Sachs’ Hudson deals-FT – Reuters
NEW YORK June 10 (Reuters) – The U.S. Securities and Exchange Commission, which charged Goldman Sachs Group Inc ( GS.N ) with fraud in April, is investigating another mortgage-linked deal once pitched by the Wall Street … Go to Source…

SEC Charges Goldman Sachs With Fraud Costing Investors … – ABC News
Federal regulators today charged investment bank Goldman Sachs with fraud over the sale of risky subprime mortgage securities that were secretly designed to fail, costing investors $1 billion. Securities and Exchange Commission’s Division of … Go to Source…

SEC action against Goldman may hit Wall Street – Economic Times
… to delve into a Wall Street firm’s role in the mortgage fiasco. It is a particularly sensitive time for Wall Street. Washington policy makers are hotly debating a sweeping overhaul of the nation … Goldman and other Wall Street titans that … Go to Source…

Goldman accused of fraud linked to mortgage crisis – Bangkok Post
US authorities on Friday charged top investment firm Goldman Sachs with fraud linked to the sale of a complex mortgage security like those blamed for the worst financial crisis in decades. The Goldman Sachs headquarters in New York, 2008. US authorities charged top investment firm Goldman Sachs with Go to Source…

AM Report: U.S. Probes Morgan Stanley
In a step that intensifies Washington’s scrutiny of Wall Street, prosecutors are investigating whether Morgan Stanley misled investors on mortgage-derivatives deals it helped design and sometimes bet against. Amir Efrati discusses the story along with Bob O’Brien. And Sudeep Reddy discusses the Senate’s decision to force the Fed to disclose key details of its loans during the financial crisis. Go …

AM Report: U.S. Probes Morgan Stanley
In a step that intensifies Washington’s scrutiny of Wall Street, prosecutors are investigating whether Morgan Stanley misled investors on mortgage-derivatives deals it helped design and sometimes bet against. Amir Efrati discusses the story along with Bob O’Brien. And Sudeep Reddy discusses the Senate’s decision to force the Fed to disclose key details of its loans during the financial crisis. Go …

AM Report: U.S. Probes Morgan Stanley
In a step that intensifies Washington’s scrutiny of Wall Street, prosecutors are investigating whether Morgan Stanley misled investors on mortgage-derivatives deals it helped design and sometimes bet against. Amir Efrati discusses the story along with Bob O’Brien. And Sudeep Reddy discusses the Senate’s decision to force the Fed to disclose key details of its loans during the financial crisis. Go …

AM Report: U.S. Probes Morgan Stanley
In a step that intensifies Washington’s scrutiny of Wall Street, prosecutors are investigating whether Morgan Stanley misled investors on mortgage-derivatives deals it helped design and sometimes bet against. Amir Efrati discusses the story along with Bob O’Brien. And Sudeep Reddy discusses the Senate’s decision to force the Fed to disclose key details of its loans during the financial crisis. Go …

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