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SEC SETTLES WITH GOLDMAN SACHS FOR $550 MILLION MAKE CHECK PAYABLE TO THE PEOPLE OF THE UNITED STATES OF AMERICA
SEC SETTLES WITH GOLDMAN SACHS FOR $550 MILLION MAKE CHECK PAYABLE TO THE PEOPLE OF THE UNITED STATES OF AMERICA
FULL ARTICLE
I was reading an article stating that the SEC will settle with Goldman Sachs for a grand total of $550 million. This must be approved by a federal judge located in Manhattan New York. However, Big Brother must protect us from the evil doers who were one of the big players in the subprime mortgage scandal. $550 million sounds like a big number when it comes to a settlement. Did you know that Goldman Sacks reported a profit of $13 billion at the end of 2009? They are on course to having another great year in 2010. I have these wise words to say to the American people "ONLY IN AMERICA."
I am sure Goldman Sachs wants to put this behind them. The Government continues to investigate the firm to see what really did happen to create the financial crisis. The Government charged the firm with fraud. Their findings show conflict of interest on their part. The SEC focused on Goldman Sachs to make an example out of them. Hey! someone has to be the bad guy here. They ... more

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