One Firm Refused to Aid a Goldman C.D.O. Plan
Thursday, March 17th, 2011A little-known investment firm has found itself caught up in the Securities and Exchange Commission’s fraud case against Goldman Sachs, The Wall Street Journal reported.
Morgan Stanley shares drop on reported probe
Wednesday, March 16th, 2011NEW YORK — Morgan Stanley shares dropped Wednesday following a report that the investment bank is facing an investigation into mortgage derivative deals.
Bank probes expanding with new investigation
Wednesday, March 16th, 2011U.S. authorities are expanding their probes of past mortgage securities deals, with New York’s attorney general opening an investigation into whether eight banks misled rating agencies, a source familiar with the matter said.
Prosecutors comb through Wall Street’s mortgage deals
Wednesday, March 16th, 2011Wall Street’s biggest banks are facing a new legal onslaught, as regulators and state and federal prosecutors pore over their activities in the mortgage market in the run-up to the credit crisis.
Goldman faces second investigation as mortgage assets leave bitter taste
Wednesday, March 16th, 2011Securities and Exchange Commission investigators are focusing on a second mortgage-backed asset created by Goldman Sachs as they attempt to bolster their $1 billion fraud case against the embattled bank.