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Goldman Must Face $1B NY State Suit Over CDO Sales

By Stephanie Russell-Kraft ( January 30, 2014, 7:00 PM EST) -- A New York state appeals court on Thursday unanimously upheld a New York state judge's 2012 decision to largely preserve a $1 billion suit over collateralized debt obligation-related securities Goldman Sachs Group Inc. sold to a client in 2007 before allegedly betting against them....

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