While Lloyd Blankfein prepares to defend Goldman's (GS) actions, lawmakers are gearing up to...

|About: Goldman Sachs Group Inc. (GS)|By:, SA News Editor

While Lloyd Blankfein prepares to defend Goldman's (GS) actions, lawmakers are gearing up to attack, alleging the firm misled investors, made billions of dollars at their expense and did so in not one but a series of complex deals. The hearing could have repercussions for the broader financial sector.