Economy

January 14, 2010 6:34 PM

Goldman: Blankfein didn't say firm's practices were 'improper'

A day after Lloyd Blankfein, the chairman and chief executive of Goldman Sachs, characterized as "improper" his firm's practice of betting that securities it was selling as safe would plummet in value, the company denied he said that to the Financial Crisis Inquiry Commission.

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