Goldman Sachs Group Inc. could face as much as $2.6 billion in legal losses, largely on mortgage-related lawsuits and probes, the securities firm said in a regulatory filing Wednesday, The Wall St Journal writes.
New York-based Goldman also reported trading losses on 21 days in the third quarter, a period in which Goldman posted just its second quarterly loss in a dozen years as a public company. That was its highest number since the bank's fiscal fourth quarter in 2008, which saw the bankruptcy of Lehman Brothers Holdings Inc. and Goldman's previous quarterly loss.
The disclosures came in Goldman's third-quarter report to the SEC…
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