Goldman Sachs was among banks selected by the Fed to bid on mortgage bonds acquired in the bailout of American International Group Inc., drawing complaints from others on Wall Street who were shut out of the process. Goldman Sachs bought $6.2 billion of the bonds in a Feb. 8 auction. Unlike Credit Suisse Group AG, which won a Jan. 19 auction, the firm failed to immediately flip most of the securities to clients bidding through it, regulatory data on trading volumes showed.

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