US halts Goldman Sachs investigation

US halts Goldman Sachs investigation


In a surprise announcement, the US Justice Department hasannounced that they are dropping their investigation of the bankers at the heart of the 2008 financial meltdown, saying, "there is not a viable basis to bring a criminal prosecution with respect to Goldman Sachs or its employees."

"The department and investigative agencies ultimately concluded that the burden of proof to bring a criminal case could not be met based on the law and facts as they exist at this time,"...


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