Blankfein rejects fiduciary charge as Goldman defends market-making in Capitol Hill showdown

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Blankfein rejects fiduciary charge as Goldman defends market-making in Capitol Hill showdown

Present and former Goldman Sachs executives faced a 10 hour barrage of hostile questioning from US senators this week over the firm’s mortgage trading activities but gave little ground, insisting that while they made some bad business decisions, they did nothing wrong.

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