Goldman Sachs agrees record $550m fine for “half-truths and deception,” in marketing financial products; Litigation continues against French employee
Jul 16th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
US investment bank Goldman Sachs has agreed to pay a $550m fine for "half-truths and deception," in marketing financial products during the period prior to the financial crisis in 2007. Meanwhile, litigation continues against French employee, Fabrice Tourre, a vice president at Goldman, continues.