Goldman Sachs To Pay $1 Billion To Settle SEC Claim?

There’s an interesting story by Jesse Westbrook and David Scheer on Bloomberg.com today that suggests that Goldman Sachs may be willing to pay up to $1 billion to settle the civil fraud claims brought against it by the Securities and Exchange Commission. 

You can find our earlier posts on the Goldman Sachs suit by typing “Goldman Sachs” in the search box on this page. The Bloomberg.com article is available at http://www.bloomberg.com/apps/news?pid=20601087&sid=aAsmKM5QcSuc&pos=3.