Goldman Sachs hit with fresh legal action relating to sub-prime fallout
Read the full article: http://business.timesonline.co.uk/tol/business/industry_sect...
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.
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