SEC Files Suit against Goldman Sachs, Charging Fraud in Mortgage Deal

Hosted by

The Securities and Exchange Commission has sued Goldman Sachs for securities fraud, claiming that Wall Street's premier bank sold a mortgage investment that was secretly devised to fail. The Commission claims Goldman and some hedge funds made money while Goldman's own clients lost billions of dollars. Greg Gordon is an investigative reporter with McClatchy Newspapers' Washington Bureau.

Credits

Guest:
Greg Gordon - McClatchy Newspapers - @GregGordon2

Host:
Warren Olney

Producers:
Frances Anderton, Katie Cooper