Goldman Fined $650,000 for Fraud Disclosure Lapse
November 9th, 2010$650,000.
Is that more or less than Blankfein’s annual cufflink budget?
Via: AP:
Industry regulators have fined Goldman Sachs $650,000 for failing to disclose that two of its brokers, including the executive accused of leading the mortgage securities deal that brought civil fraud charges against the firm, were under investigation by the government.
