A subpoena issued Tuesday from the Manhattan district attorney's office looking into Goldman Sachs' role in the financial crisis that devastated investor accounts in the middle and latter part of the last decade and compelled Congress to enact a sweeping regulatory overhaul of the financial services industry could have wide-ranging ramifications for the investment bank.

Tuesday’s news that the Manhattan district attorney’s office has subpoenaed Goldman Sachs doesn’t necessarily mean charges will be filed -- but it’s definitely a blow for the firm.

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