But will admit no wrongdoing in the case that was filed against it by the securities watchdog back in April. Instead it has agreed that the marketing material related to one of its subprime mortgage investment product was incomplete.
Its stock rose after the settlement was announced indicating that the market was expecting a less favourable outcome.
1 comment:
GS is not well viewed at Capital Hill that's why SEC 'p tir zot manzer' with Obama's blessing but happy for them that they get out with least damages by a SEC not always consistent in approach under Obama socialist era, who hopefully will be a one-termer President
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