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Home » Store » Taxable » Ohio AG Names Goldman Sachs, KPMG in Fannie Suit

Ohio AG Names Goldman Sachs, KPMG in Fannie Suit

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Taxable

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The litigation risk for Fannie Mae continues and expands, as Ohio Attorney General Jim Petro has filed an amended lawsuit that accuses Goldman Sachs and KPMG of aiding the GSE in transactions to manipulate earnings. In the amended lawsuit, in which the A.G. represents the Ohio Public Employees Retirement System and the State Teachers Retirement System of Ohio as shareholders of Fannie, Petro alleges Goldman Sachs and KPMG played a...
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