Class action suit over gender bias at Goldman Sachs slated for 2023 trial
ABA Journal Daily News
ABA Journal Daily News
ABA Journal Daily News
ABA Journal Daily News
ABA Journal Daily News
In a persistent drizzle on 17 January, a group of protesters swathed in green ponchos unfurled tarps and sleeping bags on the sidewalk in front of Goldman Sachs' high-rise building on the West Side highway in New York City. A few of them wore handmade swamp creature masks; others bore signs with the swamp creatures […]
President-elect Donald Trump announced on November 30 that former Goldman Sachs partner Steven Mnuchin – a man described as “the anti-populist from Hell” – is his pick for treasury secretary. Critics say Mnuchin's background – including running a bank described as “a foreclosure machine” – is further evidence that Trump has no intention of fulfilling […]
ABA Journal Daily News
The Justice Department on Monday announced a $ 5 billion settlement with Goldman Sachs over the sale of mortgage-backed securities leading up to the 2008 financial crisis. The deal resolves state and federal probes into the sale of shoddy mortgages before the housing bubble and subsequent economic meltdown. Foreclosure News
Goldman Sachs will pay about $ 5 billion to resolve state and federal investigations into its handling of mortgage-backed securities in the years leading up to the 2008 financial crisis, the bank said today. The agreement will settle “actual and potential civil claims” by the U.S. Justice Department and the attorneys general of New York […]
One of Wall Street’s best-known financial institutions has agreed to pay more than $ 5 billion to settle claims that it sold toxic bonds based on… ABA Journal Daily News