Goldman Sachs subpoenaed over its roll in the financial crisis

Posted on June 2, 2011 by


More Theater Justice for the People.

Goldman Sachs has received a subpoena from the Manhattan District Attorney as part of an investigation into the bank’s role in the financial crisis.

The group, which is the fifth biggest U.S. bank by assets, received the request for information as part of a broad investigation into the mortgage crisis that fuelled the recession.

It stems from a 650-page Senate report from the Permanent Subcommittee on Investigations in April, that indicated Goldman had misled clients and Congress about its mortgage-linked securities and investments.
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