Goldman Receives Subpoena Over Financial Crisis
Recent Cases
Goldman Sachs has received a subpoena from the office of the Manhattan District Attorney, which is investigating the investment bank's role in the financial crisis.
The inquiry stems from a 650-page Senate report from the Permanent Subcommittee on Investigations that found Goldman had "misled" its clients about mortgage-linked securities. Senator Carl Levin, the Democrat of Michigan, who headed up the Congressional inquiry, had sent his findings to the Justice Department to figure out whether executives broke the law.
The subpoena come two weeks after lawyers for Goldman met with the Manhattan District Attorney's office for an "exploratory" meeting about the Senate, the people said.
"We don't comment on specific regulatory or legal issues, but subpoenas are a normal part of the information request process and, of course, when we receive them we cooperate fully," said a Goldman spokesperson.
Shares of Goldman Sachs were down more than 2 percent on Thursday.
Related listings
-
Ark. court upholds conviction in TV anchor slaying
Recent Cases 06/02/2011The Arkansas Supreme Court has rejected an appeal by a man convicted of killing a Little Rock television anchorwoman. Justices said Thursday that Curtis Vance's objections are without merit. Vance had appealed his capital murder and rape convictions ...
-
US investigating Google claim of China hacking
Recent Cases 06/02/2011Authorities in the United States are investigating a Google claim that hackers in China stole email details of senior U.S. government officials -- an issue that illustrates the problem of attribution in cyberspace, the coordinator for cyber issues at...
-
Attorneys to give openings in Mumbai terror case
Recent Cases 05/23/2011The trial of a Chicago businessman accused of helping plan deadly attacks in Mumbai in 2008 is being closely watched worldwide for what testimony might reveal about the global fight against terrorism. Defense attorneys, though, say their case is abou...
Victorville CA DUI Lawyers - Drunk Driving Defense Attorney
If you fail a sobriety test or have a blood alcohol level above 0.8%, you are considered to be driving under the influence in which you will be arrested. During this time you will be read your Miranda rights and it is crucial to exercise your right to remain silent. As they say, “anything you say can and will be held against you in court.” The courtroom takes no mercy on drunk drivers and any statement you make during your arrest will only damage your case. The charges you are facing for a DUI range from fines, a 12-month suspension on your license and worst-case scenario, prison time. Your attorney will be able to analyze your situation to decide the best way to go about your case. Our Victorville CA DUI Lawyers attorneys know the tricky ways to challenge all of the DUI tests and know how to claim improper collection of evidence. We will be able to negotiate on your behalf and free you from charges and help you keep your drivers license. The DUI process can last up to several months, we can make this process easier on you.