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Wednesday, April 13, 2011

Goldman and Deutsche Bank criticised in US Senate report

Goldman and Deutsche Bank criticised in US Senate report US Senate investigators probing the financial crisis will refer evidence about Wall Street institutions including Goldman Sachs and Deutsche Bank to the justice department for possible criminal investigations, officials said on Wednesday.

Carl Levin, Democratic chairman of the powerful Senate permanent subcommittee on investigations, said a two-year probe found that banks mis-sold mortgage-backed securities and misled investors and lawmakers.
http://link.ft.com/r/73UJGG/6V8WMO/RNF1Y5/PRDY4W/GKAVDO/7V/h?a1=2011&a2=4&a3=13

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