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Goldman Says Subprime CDO Investors Profited In $2B Bets

By Ben Conarck (February 2, 2015, 3:49 PM EST) -- Goldman Sachs Group Inc. asked a New York federal judge on Monday to rule in its favor as it fights allegations that it fraudulently dumped $2.44 billion in toxic collateralized debt obligations, arguing that the hedge fund leading the class action profited off the investments and that the lawsuit assumes "clairvoyance" on the part of the firm....

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