Goldman faces lawsuits over $15.8 billion in mortgages

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Goldman faces lawsuits over $ 15.8 billion in mortgages 11 Nov 2011 Goldman Sachs Group Inc faces lawsuits over $ 15.8 billion worth of mortgage securities, the bank said in a regulatory filing on Wednesday, a more than 30-fold increase from the amount disclosed three months earlier. The aggregate figure, which is up from $ 485 million previously, does not represent how much money Goldman management estimates it may lose on the litigation.

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