CNN Breaking News — SEC: Goldman Sachs to pay record $550 million and reform practices to settle subprime mortgage fraud charges.
CNN Breaking News — SEC: Goldman Sachs to pay record $550 million and reform practices to settle subprime mortgage fraud charges.
Still a drop in the bucket from the billions in losses they avoided thanks to their well-planted friends in high places.
Not bad — only 4 days’ worth of revenue, and their market cap went up by $3 billion following the announcement.