Goldman Sachs Group Inc. has agreed to pay $5.06 billion to settle claims that it misled mortgage bond investors during a financial crisis. Read more
Barclays PLC, Goldman Sachs Group Inc., BNP Paribas SA, HSBC Holdings PLC and the Royal Bank of Scotland PLC have agreed to settle class action litigation alleging the companies manipulated... Read more
Several major banks are trying to keep their practice of paying executives for entering government work on “lock down.” However, the payment of multimillion dollar awards no longer remains h... Read more
The U.S. Treasury’s sale of its remaining stake in American International Group Inc. (AIG) will bring in $7.6 billion, giving the government a total profit of $22.7 billion from its crisis-e... Read more
Things have really changed in this country since 1948 when Harry Truman was President. That year, 56% of profits in the U.S. economy came as a result of manufacturing. And, at that time, 8.3... Read more
Goldman Sachs Group Inc. has been charged with fraud by the U.S. Securities and Exchange Commission in the structuring and marketing of a debt product tied to subprime mortgages. The SEC all... Read more
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