Reuters: Goldman Sachs settlement on mortgage-backed bonds to hit earnings
Goldman Sachs Group Inc (GS.N) said on Thursday it would pay over $5 billion to settle claims it misled mortgage bond investors during the financial crisis, a move that will cut the firm's fourth quarter earnings by about $1.5 billion, according to Reuters.
UNIAN Web subscription
Get a complete information picture of the day by subscribing to UNIAN’s news feeds.
For more information, please call: