Posted by george on 19 Apr 2010 /
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German finance regulator BaFin will seek more information from the U.S. Securities and Exchange Commission regarding fraud allegations the SEC has filed against U.S. bank Goldman Sachs (GS), a BaFin spokesman told Dow Jones Newswires Monday.
BaFin's interest in the accusations against Goldman Sachs are centered on the U.S. investment bank's dealings with IKB Deutsche Industriebank AG (IKB.XE), the spokesman said.
The SEC has said that IKB became entwined in transactions with Goldman Sachs involving collateralized debt obligations b... more
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