U.S. Supreme Court won’t hear Goldman Sachs mortgage case appeal

From left: Goldman Sachs CEO Lloyd Blankfein, the U.S. Supreme Court in Washington, D.C.
From left: Goldman Sachs CEO Lloyd Blankfein, the U.S. Supreme Court in Washington, D.C.

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The U.S. Supreme Court has refused to consider an appeal from Goldman Sachs in a class action lawsuit over investments in residential mortgage-backed securities, CNBC reported. The decision means that the Manhattan-based banking giant will have to continue to defend against the case. [more]