Goldman Sachs who actually caught some estrus from the subprime mortgage securities it was selling every bit securities (imagine that) settled amongst the SEC for a lilliputian to a greater extent than in addition to hence 500 1 K m dollars.
In the grad range of things this is no big bargain to one-time Goldman. However inwards lite that i even hence produce non come across how acting every bit a broker in addition to selling securities tin rank notice destination upward every bit a 550 1 K m short town amongst the SEC.
I don't know nigh those guys.
The brass taxation of all this boils downward to a fine that represents about 4% of what Goldman made inwards turn a profit for that year. I mean value they are in all probability happy simply to teach this materials over with.
I know I would be.
Related Articles
Goldman Sachs Pumps Killer Earnings
SEC Calls Goldman Sachs Subprime Securities Sale Fraudulent
Financial Reform Bill is a Go
In the grad range of things this is no big bargain to one-time Goldman. However inwards lite that i even hence produce non come across how acting every bit a broker in addition to selling securities tin rank notice destination upward every bit a 550 1 K m short town amongst the SEC.
I don't know nigh those guys.
The brass taxation of all this boils downward to a fine that represents about 4% of what Goldman made inwards turn a profit for that year. I mean value they are in all probability happy simply to teach this materials over with.
I know I would be.
Related Articles
Goldman Sachs Pumps Killer Earnings
SEC Calls Goldman Sachs Subprime Securities Sale Fraudulent
Financial Reform Bill is a Go
