RSSGoldman executives to face Congress
From: The Washington Times | April 27, 2010
WASHINGTON (AP) -- The CEO of Goldman Sachs and other executives from the Wall Street powerhouse are coming before Congress Tuesday, just days after the government accused the firm of fraud. The Senate panel hearing their testimony Tuesday claims that Goldman used a strategy that allowed it to profit from the housing meltdown and reap billions at the expense of clients. Goldman executives misled investors in complex mortgage securities that turned toxic, investigators for the Senate subcommittee say. They point to a trove of some 2 million e-mails and other Goldman documents obtained in an 18-month investigation. Excerpts from the ...
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