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Goldman Sachs case shows need for reform - Lincoln
WASHINGTON, April 16 |
WASHINGTON, April 16 (Reuters) - Fraud charges filed against Goldman Sachs Group Inc (GS.N) further illustrate the need for strong financial reform, Chairman Blanche Lincoln said on Friday.
The Goldman Sachs case is "another example of how risky Wall Street behavior puts our nation's financial system in peril," said Lincoln.
Lincoln on Friday unveiled the Senate Agriculture Committee's draft bill to regulate the $450 trillion over-the-counter derivatives market, taking a tougher tack than the Senate Banking or House bills on the issue. (Reporting by Christopher Doering, Roberta Rampton and Charles Abbott)
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