Goldman, Banks May Face Mortgage-Linked Lawsuits

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Aug. 10 (Bloomberg) -- Neil Barofsky, former special inspector general for the Troubled Asset Relief Program and a Bloomberg Television contributing editor, talks about possible lawsuits facing Goldman Sachs Group Inc. and other U.S. banks over sales of mortgage-backed securities. The National Credit Union Administration is seeking damages in excess of $491 million from Goldman Sachs in a lawsuit filed yesterday. Barofsky speaks with Erik Schatzker on Bloomberg Television's "InsideTrack." (Source: Bloomberg)

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