President Barack Obama on Wednesday said “categorically” that the Securities and Exchange Commission never discussed fraud charges against Goldman Sachs with the White House in advance. “They’ve never discussed with us anything with respect to the charges that will be brought,” Obama said in an interview with CNBC. The US Securities and Exchange Commission has accused Goldman Sachs of fraud in the structuring and marketing of a debt product tied to subprime mortgages.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio