Goldman Sachs to pay $5 bln for misleading investors

13:20, 12 April 2016

Economy

107 0

Goldman Sachs Group Inc. will pay $5.1 billion to resolve U.S. allegations that it failed to properly vet mortgage-backed securities before selling them to investors as high-quality debt, according to Bloomberg.

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Goldman Sachs to pay $5 bln for misleading investors

Goldman Sachs Group Inc. will pay $5.1 billion to resolve U.S. allegations that it failed to properly vet mortgage-backed securities before selling them to investors as high-quality debt, according to Bloomberg.

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