Carl Levin To Refer Goldman To Justice Department, SEC For Misleading Investors And Committing Perjury

Submitted by Tyler Durden
04/13/2011 20:23 -0400
64 comments

Yesterday JPMorgan, today Goldman (again) and Deutsche Bank. Following the completion of a two-year report by the Senate Permanent Subcommittee of Investigations into the role of Goldman and other banks in the housing collapse, the FT reports http://www.ft.com/cms/s/0/80640774-6620 ... z1JJLdZEYa that "US Senate investigators probing the financial crisis will refer evidence about Wall Street institutions including Goldman Sachs and Deutsche Bank to the justice department for possible criminal investigations, officials said on Wednesday." According to Carl "Shitty Deal" Levin, head of the subcommittee, "banks mis-sold mortgage-backed securities and misled investors and lawmakers. “We will be referring this matter to the justice department and to the SEC [Securities and Exchange Commission],â€