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UK regulator begins Goldman Sachs probe

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Britain's financial regulator launched a full-blown investigation into Goldman Sachs International on Tuesday after US authorities filed civil fraud charges against its parent bank.

 

The announcement from the Financial Services Authority follows pressure for the probe from Prime Minister Gordon Brown, who expressed shock over the weekend at Goldman's "moral bankruptcy" for planning multibillion dollar bonuses for its staff despite the investigation. (AP)

 

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