Did you think Goldman Sachs and Morgan Stanley were going to be the only ones subjected to cavity searches by the US government? Think again, mon chi-chis! Charlie Gasparino reports that you should all be girding your loins.
The government has ramped up its investigation of Wall Street’s sale of toxic securities during the financial crisis to include firms other than Goldman Sachs and Morgan Stanley. Sources tell FOX Business that the Securities and Exchange Commission’s most active investigations so far also include Deutsche Bank and Citigroup, two of the biggest packagers of the toxic debt, known as collateralized debt obligations, that are at the center of the government’s interest.
