Most Active Stories
- Actor Theodore Bikel Dies At Age 91
- 'Mockingbird Next Door' Gives a Rare Glimpse into Harper Lee's Life
- Chattanooga: A 'Great City With a Broken Heart' After Marines Murdered
- Gunman's Motivation Unclear After Shootings At Tennessee Military Sites
- Start It Up Episode 31: Robyn Carlton Focuses Lookout Mountain Conservancy on Community
Goldman Sachs Won't Be Prosecuted In Fraud Probe
Originally published on Fri August 10, 2012 6:28 am
RENEE MONTAGNE, HOST:
NPR's business news starts with a Justice decision.
(SOUNDBITE OF MUSIC)
MONTAGNE: The U.S. Justice Department announced late last night that it is not pursing criminal charges against Wall Street bank Goldman Sachs or its employees. A Senate panel investigating the financial crisis had charged that Goldman bet against the same risky mortgage bundle it was also selling to clients. The Justice Department said in a statement it could not meet the burden of proof to bring a criminal case. Transcript provided by NPR, Copyright NPR.