Democratic lawmakers urge the SEC to follow the money on Goldman fraud
The lawmakers noted that 7 of these investments were guaranteed by American International Group (AIG), which transferred $12.9 billion in bailout funds to Goldman after the market collapsed.
“[It] is imperative that the SEC pursue the recovery from Goldman Sachs of any fraudulently obtained AIG payments,” they wrote, adding, “should this or any subsequent investigation uncover criminal misconduct, we implore you to refer those matter to the Department of Justice for the appropriate prosecution.”
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