The US Justice Department has said it will not prosecute Wall Street firm Goldman Sachs or its employees in a financial fraud probe.
In a written statement on Thursday, the department said it conducted an exhaustive investigation of allegations brought to light by a Senate panel investigating the 2008-2009 financial crisis.
“The department and investigative agencies ultimately concluded that the burden of proof to bring a criminal case could not be met based on the law and facts as they exist at this time,” the department said.
Well, bless my little cotton socks! That’s a surprise!