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Old 04-11-2016, 11:48 AM   #1
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Default Goldman Sachs to pay $5 billion in U.S. Justice Dept mortgage bond pact

Goldman Sachs Group Inc has agreed to pay $5.06 billion to settle claims that it misled mortgage bond investors during the financial crisis, the U.S. Department of Justice said on Monday. The settlement, which Goldman disclosed in January, stems from the firm's conduct in its packaging, securitization, marketing and sale of residential mortgage-backed securities between 2007 and 2009, the Justice Department said. A Goldman Sachs spokesman could not be immediately reached for comment.




Goldman Sachs to pay $5 billion in U.S. Justice Dept mortgage bond pact
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