Thursday, 22 April 2010

Moneynews

Breaking News from Moneynews.com

Jim Cramer: SEC Will Win Goldman Fraud Case


Market guru Jim Cramer, founder of the Street.com, reckons Goldman Sachs will lose the case the federal government has filed against it for fraud. “The SEC almost never loses a trial,” he says. “Once the SEC has decided to bring a case, the only safe thing to do as a defendant is to cave.

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