May
2012
Monday, June 20, 2011
Eric W. Dolan, RawReplay
Submitted by: Kevin J. Ziruolo

Goldman Sachs Under Investigation For Deals With Libya

Liz Rappaport of the Wall Street Journal explained on MSNBC why the Securities and Exchange Commission was investigating Goldman Sachs’ relationship with the Libyan Investment Authority.

Goldman Sachs allegedly agreed to pay the Libyan Investment Authority a $50 million fee to help the fund recoup losses. The SEC is looking into whether the firm violated bribery laws.

Watch video, courtesy of MSNBC

Posted by Editor on 06/20/11 at 07:50 AM •  (0) Comments

Share Your Ire

blog comments powered by Disqus
Vile Quotes

"I'm not an angel but I'm not a crook. I have not done anything that any other public official hasn't done."
Jimmy Dimora

graphic