Summary
BEVERLY HILLS, Calif. (Reuters) - Goldman Sachs Group Inc. will want a judgment based on 'merits and facts' in the fraud case against it rather than popular opinion that it is an 'evil empire,' a senior lawyer from the firm that represents it said on Monday [April 27].
Fraud charges filed against Goldman by the U.S. Securities and Exchange Commission have come at the same time as a broad legislative push by President Barack Obama and his fellow Democrats. The suit charges that Goldman hid vital information from investors about a subprime mortgage-linked security.See the full content of this document
Extract
Goldman Shouldn't Be Judged As 'Evil Empire': Lawyer
"It is appropriate to base a judgment on the merits and the facts as they ultimately emerge in full, and not to base a judgment on the 'evil empire' theory, which ...
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