SEC Has Paulson Testimony That May Contradict Its Goldman Case, CNBC Says

The U.S. Securities and Exchange Commission has testimony from Paolo Pellegrini, a former top Paulson & Co. official, that questions whether Goldman Sachs Group Inc. misled ACA Management LLC about Paulson’s intention to shortsell, CNBC reported, citing documents.

SEC spokesman told CNBC “we look forward to presenting a complete record in court.” Pelligrini had no comment to CNBC.

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.