TITLE

IN THE MARKETS

AUTHOR(S)
Elstein, Aaron
PUB. DATE
July 2010
SOURCE
Crain's New York Business;7/19/2010, Vol. 26 Issue 29, p4
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on Goldman Sachs & Co. which has settled its fraud suit with the U.S. Securities and Exchange Commission by agreeing to pay 550 million dollars and admitting that it made a mistake. As reported, the cost of settling the suit in any material way has not impacted the company much but the litigation has shown that Wall Street's most elite firm doesn't operate any differently from its more plebian competitors.
ACCESSION #
55244169

 

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