Goldman Escapes Criminal Charges, Barclays Names New Chairman

Receiving Wide Coverage ...

Goldman Off the Hook: The Justice Department has decided it will not charge Goldman Sachs (or any of its employees) with financial crimes related to the mortgage crisis. Neither, apparently, will the Securities and Exchange Commission, as Goldman Sachs announced separately the SEC had informed it an investigation into a $1.3 billion subprime mortgage deal had come to an action-less end. The Justice Department said there was not enough evidence to file...