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S.E.C. and Justice Dept. End Mortgage Investigations Into Goldman Sachs

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Federal authorities ended two investigations into the actions of Goldman Sachs during the financial crisis, handing a quiet victory to the bank after years of public scrutiny. In a statement late Thursday, the Justice Department said there was 'not a viable basis to bring a criminal prosecution' against Goldman or its employees after a Congressional committee asked prosecutors to examine if the bank had been involved with any illegal acts related to several mortgage deals.
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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.

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