Goldman Sachs facing criminal charges
  Guest » 6 - Dec 2, 2011
The US Justice Department may be filing criminal charges against...
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Category: News & Politics
The US Justice Department may be filing criminal charges against Goldman Sachs, the investment bank already charged with fraud by the Securities and Exchange Commission.
The news comes as Congress takes up a bill that would make historic changes to the US financial system. Megan Hughes, Washington, said, "When the SEC charged Goldman Sachs with fraud, Republican were quick to argue that the timing was political-- as President Obama and Democrats here in Congress launched their fight for financial reform. Now, that debate is underway." At a rally on Wall Street, people showed their anger at corporate greed. Goldman CEO Lloyd Bankfein has become its poster child. At a hearing this week, he acknowledged it.
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