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Goldman Is Bruised, Defiant In Senate

Goldman Sachs Group Inc. endured a day-long thrashing from lawmakers over its tactics in dodging the mortgage market crash, in a spectacle that highlighted the gap between Washington's and Wall Street's narratives of the financial crisis.

The firm appeared to avoid major setbacks in its legal fight against regulators' charges that it defrauded investors in one big subprime-mortgage deal. Goldman's stock was slightly up on a day when the European debt crunch hit other financial shares.

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