Most Active Stories
- Listen: CDE's Mary Poppins - The Musical
- NPR's Steve Inskeep Seeks Chattanooga, North GA Photos for 'Jacksonland' Site
- Arthur Golden (Finally!) Has A New Novel Coming Out. Here's What He Told WUTC.
- Mental Health Awareness Month: At The AIM Center, People Are Members, Not Clients
- South Carolina Distiller Promises To Make Kentucky Liquor Quicker
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.