Financial crisis investigation panel subpoenas Goldman after bank refuses to hand docs over

Crisis panel subpoenas Goldman for meltdown docs

WASHINGTON — A panel probing the causes of the financial meltdown is issuing a subpoena for documents from Goldman Sachs Group Inc.

The Financial Crisis Inquiry Commission says Monday that Goldman failed to hand over the documents voluntarily. It says it only issues subpoenas after giving companies time to cooperate.

It is not clear what documents the commission was seeking.

Congress created the bipartisan panel to investigate the credit crisis that led to the worst recession since the Great Depression. It already subpoenaed credit rating agency Moody’s and billionaire investor Warren Buffett.

The FCIC will issue a final report on its findings by Dec. 15.