Goldman's Fraud Hurt Ruins Credibility of Financial Markets. Commodities Tumble on Panic Selling

After SEC's accused Goldman Sachs of creating and selling a subprime-mortgage-linked CDO with disclosing important details in early 2007, governments in the UK and Germany also called for investigation related to the suit. News said the financial firm had helped cause the financial crisis in 2008 and profited from it. Goldman is also accused of covering Greece's huge budget deficits.

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Goldman's Fraud Hurt Ruins Credibility of Financial Markets. Commodities Tumble on Panic Selling