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Goldman Sachs fraud accusations jolt California political races

Apr 25, 2010 3:00:00 AM - latimes.com
The SEC’s charges against the investment firm may provide an unwelcome distraction for the campaigns of former business executives Carly Fiorina and Meg Whitman.

The decision by federal regulators to accuse investment powerhouse Goldman Sachs of fraud for actions in the run-up to the market meltdown sent shivers through Wall Street and a jolt of uncertainty into an unlikely venue: California's political races.

USA, California: (Latest Stories)