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Anger as US prosecutors scrap probe of Goldman Sachs

Started by ABC, Sun 12 Aug 2012

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StephenMasten

Sun 12 Aug 2012
Anger as US prosecutors scrap probe of Goldman   

August 11, 2012       
by legitgov  ShareThis

Anger as US prosecutors scrap probe of Goldman 11 Aug 2012 Goldman Sachs was let off the hook yesterday as the US Department of Justice dropped plans to bring criminal charges over claims the bank was betting against the same toxic subprime mortgage securities it sold to clients. In April last year, Senator Carl Levin demanded a criminal investigation after his sub-committee spent more than a year looking into Goldman. Chief executive Lloyd Blankfein faced a embarrassing grilling for hours from Mr Levin over whether it was morally correct for the firm to sell its clients products described internally as "crap".
Stephen Masten has breached his Ministerial Oath.
Therefore, he has been expelled from Creativity in Bad Standing.
All support & protection within prison has been lifted.
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