Goldman Sachs will be referred to the US Department of Justice for allegedly making "misleading and inaccurate" comments to Congress over its role in the financial crisis.
Senator Carl Levin, co-author of a 650-page report into the causes of the 2008 financial collapse, said yesterday that it would be up to DoJ officials to decide whether to prosecute the bank for lying to a Senate committee last year. MORE... Four years after the financial crisis began the IMF said confidence in the world banking system was yet to be fully restored, with many advanced nations still "living dangerously". MORE...
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