Barofsky Says Criminal Charges Possible in Alleged AIG Coverup

Discussion in 'Wall St. News' started by Illum, Apr 28, 2010.

  1. Illum

    Illum

  2. In Senate Finance Committee testimony on April 20, Barofsky said SIGTARP would investigate seven AIG-linked mortgage-related securities similar to Abacus 2007-AC1, the instrument underwritten by Goldman Sachs Group Inc. that is at the center of a U.S. Securities and Exchange Commission lawsuit filed against the investment bank on April 16.

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    The plot thickens......
     
  3. Barofsky: "There's a reason there are Tea Partiers out there".