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Goldman Says It's Not Liable For Fraud In $325M CDO Spat

By Stewart Bishop (July 7, 2016, 6:14 PM EDT) -- Goldman Sachs & Co. on Thursday asked a New York state judge to throw out a lawsuit accusing it of tricking bond insurer CIFG Assurance North America Inc. into backing a $325 million collateralized debt obligation containing toxic residential mortgage-backed securities, saying it isn't liable for fraud....

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