Justice Dept: Criminal Probe Looks at Goldman Trading, page 1

The SEC has thrown the G-S file over the cubicle wall to the Justice Dept., who will conduct a criminal investigation into the case.

The SEC only conducts civil suits.

Federal prosecutors are conducting a criminal investigation into whether Goldman Sachs or its employees committed securities fraud in connection with its mortgage trading. The criminal probe raises the stakes for Goldman.

online.wsj.com...

reply to post by mishigas

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I don't see this "investigation." reaching the top of Goldman-Sacs the SEC passed this to the DOJ because it's now a political hot poatoe and they don't wanna touch it.Holder will sit on this until it goes away and the jackals on WS continue as they have.

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