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Goldman Sachs Pays $550M to Settle SEC Fraud Suit

Tuesday, July 20, 2010

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By: Carrie Bay Goldman Sachs & Co. has agreed to pay more than half a billion dollars to settle federal charges that the Wall Street broker-dealer misled investors to sink money into a product backed by dicey subprime mortgages just as the housing market was beginning to collapse. In a civil suit brought by the […]

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