… the headlines for the wrong reasons again. This time, Liberty Mutual Insurance Co. has sued Goldman for misleading it to buy the preferred stock of Fannie Mae (FNMA), which became practically valueless. … … The Bayou Scam . Goldman has been subject to a number of litigations of late. Last month, the securities regulator Financial Industry Regulatory Authority (FINRA) ordered Goldman to pay $20.6 million to settle claims with the creditors of a failed hedge fund. …

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Goldman Sued Again – Analyst Blog | Stock Market News & Stocks to …