WASHINGTON/NEW YORK (Reuters) - Goldman Sachs Group Inc agreed to pay $550 million to settle civil fraud charges over how it marketed a subprime mortgage product, ending months of negotiations that rattled the bank's clients and investors.
Similar Stories to Goldman To Settle With Sec For $550 Million on Bing News
Reuters: Top News, Reuters
Thu, 07/15/2010 - 6:14pm
RELATED ARTICLES
- Feds in NYC: Hackers Stole $45M in ATM Card Breach
A gang of cyber-criminals stole $45 million in a matter of hours by hacking their way into a database of prepaid debit cards and then draining cash machines around the globe, federal prosecutors said Thursday. More - Man who faked his way into cockpit pleads guilty to fraud
The man who conned his way into the cockpit of an US Airways flight in March pleaded guilty Wednesday in Philadelphia to one count of fraud in connection with an identification document. More - Pope hints at possible changes to scandal-ridden Vatican bank
Pope Francis has indicated for the first time that he may make changes to the Vatican's scandal-ridden bank as part of a broad review of the Holy See's troubled administration. More - Six politicians plead not guilty in alleged NYC mayor's race plot
New York State Sen. Malcolm Smith and five other politicians pleaded not guilty Tuesday to corruption charges in connection with an alleged plot to buy a line on New York City's mayoral ballot. The allegations revived public concerns about a documented culture of exploitation in Albany that has prompted officials to seek legal recourse to induce change. More - Banks Revive Risky Loans and Mortgages
Investments that were vulnerable in the last financial crisis and believed to be gone for good have largely escaped new rules that were made to prevent another crisis. More
BING NEWS:
- Apple bulls raise price targets after buyback announcement
Wall Street analysts are raising their price targets on Apple (APPL) shares after the tech giant exceeded earnings expectations and announced the authorization of a $110 billion share buyback program.
05/3/2024 - 8:56 am | View Link - Goldman Sachs settles 2014 class action lawsuit tied to metal trades
Goldman Sachs said on Friday it had reached an in-principle settlement to resolve a 2014 class action lawsuit related to trading in platinum and palladium. The investment bank was among a number of ...
05/2/2024 - 11:39 pm | View Link - Hong Kong launches insider trading prosecution of Segantii Capital
Regulator brings criminal proceedings against hedge fund, its founder Simon Sadler and former trader Daniel LaRocca ...
05/2/2024 - 4:04 am | View Link - What is T+1 and why has the SEC has ruled to shorten settlement cycles from T+2?
With less than one month to go before the T+1 deadline of 28 May 2024, brokerage firms across North America are preparing for the transition from securities transactions being settled in two business ...
04/30/2024 - 2:15 am | View Link - Supreme Court Declines To Hear Elon Musk’s Appeal Against SEC
The high court upheld an appeals court ruling that Musk must still have his tweets about Tesla approved by a company lawyer.
04/29/2024 - 4:37 am | View Link - More
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more