Fraud Fine Is Chump Change for Goldman

$500M penalty amounts to just 2 weeks of profits

By Kevin Spak,  Newser Staff

Posted Jul 16, 2010 1:56 PM CDT

(Newser) – The SEC is boasting that the $550 million settlement it agreed to with Goldman Sachs is the "largest-ever penalty paid by a Wall Street firm." That may be true, but that doesn't mean it's actually going to chasten Goldman. Top put things in...   Read full story »

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