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Goldman Sachs hit with fresh legal action relating to sub-prime fallout

Posted, by purplemoon on January 29th, 2008

The legal fallout from the sub-prime mortgage crisis in the United States continued yesterday as Goldman Sachs conceded for the first time that it was the target of legal action and law firms prepared a fresh round of lawsuits, this time focusing on mortgage bond insurers such as MBIA and Ambac.

Authored by, purplemoon
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