Goldman Sachs Finally Admits it Defrauded Investors During the Financial Crisis
This resolution holds Goldman Sachs accountable for its serious misconduct in falsely assuring investors that securities it sold were backed by sound mortgages, when it knew that they were full of mortgages that were likely to fail
The real story here is that Goldman can no longer get away with paying a fine while admitting to no wrong doing.
Goldman Sachs reveals ties to Libya fund
Goldman Sachs has admitted in court documents to having used small gifts, occasional travel and an internship to cement its ties with Libya’s sovereign wealth fund under Moamer Kadhafi.
Goldman Sachs Stumbles: The End of the “Vampire Squid”?
An increase in oversight coincidentally leads to less risky behavior. Goldman appears to be restructuring to invest more and speculate less. Again; purely coincidentally.