Allstate sues Goldman Sachs over toxic investments (AP)

AP – Allstate Corp. is suing Goldman Sachs Group Inc. claiming the broker fraudulently sold it more than $ 123 million in mortgage-backed securities in 2006 and 2007, before the housing market collapse sent the investments’ value plunging. Yahoo! News: Business News
Read More

Allstate sues Goldman over mortgage debt losses (Reuters)

Reuters – Allstate Corp on Monday sued Goldman Sachs Group Inc , accusing the Wall Street bank of causing losses by hiding the risks more than $ 123 million of mortgage securities it bought. Yahoo! News: Business News
Read More