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NCUA Fights To Save Goldman Sachs Claims

SAN FRANCISCO - NCUA on Tuesday filed an appeal of the July 13 ruling by a federal court in Los Angeles dismissing most of its $491 million in claims against Goldman Sachs for failed mortgage-backed securities the Wall Street bank sold to U.S. Central FCU and WesCorp FCU - one of a growing number of rulings unfavorable to NCUA related to corporate credit unions.

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