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Goldman to pay $60M for role in securitizing subprime mortgages

Massachusetts Attorney General Martha Coakley today announced a $60 million settlement with The Goldman Sachs Group Inc. as part of a continuing investigation into investment banks’ role in securitizing subprime-mortgage loans.

Massachusetts Attorney General Martha Coakley today announced a $60 million settlement with The Goldman Sachs Group Inc. as part of a continuing investigation into investment banks’ role in securitizing subprime-mortgage loans.
Her office had already been investigating foreclosure schemes and

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