Sources say federal prosecutors investigating Goldman Sachs (GS) are focusing on Timberwolf, the...

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

Sources say federal prosecutors investigating Goldman Sachs (GS) are focusing on Timberwolf, the infamous "sh**ty deal" repeatedly cited in a tense Senate hearing last month. David Mapley, who claims his Australian hedge fund collapsed shortly after Goldman sold it $100M of securities in Timberwolf, calls the deal "a fraudulent concoction."