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Goldman Sachs Will Not Face Criminal Charges: Justice Department

The U.S. Justice Department said it will not pursue criminal charges against Goldman Sachs Group Inc or its employees related to accusations that the firm bet against the same subprime mortgage securities it was selling to clients.

 

Government asks judge to approve landmark settlement over banks’ foreclosure practices

Foreclosure Settlement

Government officials on Monday asked a federal judge to approve a landmark settlement with some of the nation’s largest banks over flawed and fraudulent foreclosure practices, more than a month after they announced the $26 billion deal with fanfare at the Justice Department.

 

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