Goldman Sach's loses Supreme Court battle over their Mortgage Backed Securities Fraud!

Goldman Sach's hit a brick wall yesterday in the U.S. Supreme Court.

They were trying to have a lower court's ruling against their MBS (Mortgage backed Securities) Fraud from 2008. The U.S. Supreme court upheld the fraud claims against G.S from the investors of MBS.

This is awesome that the Supreme Court actually upheld the law against G.S. and Wall Street.

GS sold their mortgage