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JUL 14, 2013 - Boston Herald

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Ex-Goldman Sachs trader faces NY SEC civil trial

NEW YORK — A judge presiding over the civil trial of a former Goldman Sachs trader accused of misleading investors about the true prospects of their bet on a package of mortgage-based securities has summed up the charges against him with a fairytale, saying it's as if he's accused of handing Little Red Riding Hood an invitation to grandmother's house while concealing the fact the invitation was written by the Big Bad Wolf.

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