Investment.com – Goldman Sachs (NYSE:GS) may be among a handful of Wall Street firms being investigated for the possible rigging of Treasuries, according to a report published on Monday.
U.S. investigators in the Department of Justice’s fraud division had apparently obtained chats and e-mails from Goldman Sachs’ employees that may implicate the firm in manipulating the prices of Treasury bonds, according to sources cited by The New York Post.
The investigation was focused on whether banks agreed on prices for the secondary market.
The article did say that Goldman Sachs was cooperating fully and that was unclear if any evidence of illegal activity had been confirmed.