Law360, New York (April 14, 2011, 6:46 PM ET) -- Goldman Sachs Group Inc. was rocked late Wednesday when a key U.S. senator said he planned to notify criminal authorities of allegations that it lied to Congresss, but attorneys say a criminal case against the bank would be difficult to bring despite the new bad press.
At a press conference for the release of a report by the Senate Committee on Homeland Security and Governmental Affairs' permanent subcommittee on investigations on the roots of the financial crisis, Sen. Carl Levin, D-Mich., who chairs the committee, said...
Attys Say Goldman Perjury Charges Unlikely
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