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Goldman Sachs to pay $5 billion in subprime mortgage settlement 

By: capt_nemo in POPE IV | Recommend this post (1)
Tue, 12 Apr 16 8:49 AM | 67 view(s)
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April 11, 2016, 6:50 PM|One of the financial firms that helped create the 2008 financial crisis has reached an agreement on the punishment. Goldman Sachs will pay a $5.1 billion fine for failing to address financial problems it knew about while selling subprime mortgages as bonds. Dean Reynolds has more.

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And their stock is up. If that isnt a slap in our faces. 5 Billion aint chit to them........... considering what they raped us all in the meltdown.

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http://www.cbsnews.com/videos/goldman-sachs-to-pay-5-billion-in-subprime-mortgage-settlement/




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