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A project of Common Dreams

For Immediate Release
Contact:

Michael Briggs and Will Wiquist at (202) 224-5141

Statement on Fraud Charges Against Goldman Sachs

Sen. Bernie Sanders (I-Vt.) issued the following
statement after the Securities and Exchange Commission accused Goldman Sachs
& Co. of fraud.

"While
its action was slow in coming, I applaud the SEC for finally beginning to
deal with the illegal behavior of major Wall Street firms which, in my view,
knowingly sold junk products and as a result helped cause the worst recession
since the 1930s."

WASHINGTON

Sen. Bernie Sanders (I-Vt.) issued the following
statement after the Securities and Exchange Commission accused Goldman Sachs
& Co. of fraud.

"While
its action was slow in coming, I applaud the SEC for finally beginning to
deal with the illegal behavior of major Wall Street firms which, in my view,
knowingly sold junk products and as a result helped cause the worst recession
since the 1930s."

United States Senator for Vermont

(202) 224-5141