WASHINGTON, Aug. 10 (UPI) -- The U.S. Justice Department said late Thursday it has dropped its investigation of Goldman Sachs' actions during the nation's financial crisis.
Justice officials said in a statement there was "not a viable basis to bring a criminal prosecution" against the bank or its employees, The New York Times reported. A congressional panel had requested that prosecutors look into whether Goldman Sachs had broken any laws in its mortgage dealings, the newspaper said.