Senate committee questions Goldman Sachs officials on financial crises in Washington
Former Partner and Head of the Mortgages Department Daniel Sparks, former Managing Director of the Structured Products Group Trading Joshua Birnbaum, current Managing Director of the Structured Products Group Trading Michael Swenson, and Executive Director of the Structured Products Group Trading Fabrice Tourre (L to R) are sworn in prior to testifying before a Senate Homeland Security and Governmental Affairs Committee hearing on Goldman Sachs' role in the financial crises on Capitol Hill in Washington on April 27, 2010. UPI/Roger L. Wollenberg
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WASHINGTON, April 27 (UPI) -- U.S. markets turned sharply lower Tuesday after credit-rating agency Standard & Poor's downgraded Greek debt to junk status.
WASHINGTON, April 27 (UPI) -- Three current and former Goldman Sachs employees told U.S. senators Tuesday upper management frequently instructed them to minimize risks.
WASHINGTON, April 27 (UPI) -- Goldman Sachs trader Fabrice Tourre said the deals at the heart of a regulatory lawsuit weren't designed to defraud investors.
WASHINGTON, April 26 (UPI) -- Documents released Monday show Goldman Sachs & Co. boosted the market for toxic mortgage-related securities and profited when it collapsed, a lawmaker said.
NEW YORK, April 26 (UPI) -- A lawsuit against Goldman Sachs & Co. was filed in federal court in New York Monday, alleging the financial giant deceived investors about its financial health.
WASHINGTON, April 24 (UPI) -- Goldman Sachs executives exchanged e-mails about the firm's profiting by betting against housing markets in 2007, a congressional investigation found.
WASHINGTON, April 22 (UPI) -- Analysts said New York bank Goldman Sach's deep ties to government could pay off now that the bank has been accused of fraud.
NEW YORK, April 22 (UPI) -- A New Jersey HVAC repairman who lost his home to foreclosure in 2008 bestowed his blessing on the hedge fund manager at the center of a major fraud case.
WASHINGTON, April 21 (UPI) -- A top U.S. financial regulator Wednesday rejected any suggestion politics played in a role in civil charges against financial giant Goldman Sachs.
NEW YORK, April 21 (UPI) -- A survey conducted by Argyle Executive Forum found if it came down to a vote, New York financial giant Goldman Sachs, accused of fraud, could be in trouble.
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