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Wall Street / Goldman Sachs / Fraud #963536

CBS Evening News for Tuesday, Apr 20, 2010
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(Studio: Katie Couric) The quarterly profits of major bank Goldman Sachs outlined on screen.

(Studio: Anthony Mason) The civil fraud charges against Goldman Sachs for creating an investment designed to fail examined; conference call from Goldman Sachs Gregory Palm denying the company misled clients played. [Former SEC investigator Robert HINES‡- cites the message being sent by Wall Street.] [Senator Chris DODD - raises questions about Bernard Madoff.] [SEC chairman Mary SHAPIRO, former New York attorney general Eliot SPITZER - talk about the case & Wall Street.] The announcement by British & German financial regulators they will open investigations of Goldman Sachs noted & what would be a victory for the SEC in this fraud case discussed.

Reporter(s):
Couric, Katie;
Mason, Anthony
Duration:
00:02:30

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