Dec. 16 (Bloomberg) — Goldman Sachs Group Inc. should be probed for its role in the subprime mortgage crisis, according to letters sent to 10 state attorneys general by a labor union that represents 150,000 people in the U.S. and Canada.
Workers United sent the letters this week urging officials to follow the example of Massachusetts Attorney General Martha Coakley. In May, Goldman Sachs agreed to a $60 million settlement to end an investigation by Coakley’s office into how the New York-based bank packaged securities containing home loans made to Massachusetts residents.
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