Goldman to Pay $550M in Fraud Settlement

investment banking giant Goldman Sachs Group, Inc. agreed on Thursday to pay $550 million to the to settle a fraud lawsuit.
Goldman to Pay $550M in Fraud Settlement
Lloyd Blankfein, chairman and CEO of The Goldman Sachs Group, testifies before the Senate Homeland Security and Governmental Affairs Investigations Subcommittee on Capitol Hill on April 27, 2010 in Washington, DC. Mark Wilson/Getty Images
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<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/sachx98707378.jpg" alt="Lloyd Blankfein, chairman and CEO of The Goldman Sachs Group, testifies before the Senate Homeland Security and Governmental Affairs Investigations Subcommittee on Capitol Hill on April 27, 2010 in Washington, DC. (Mark Wilson/Getty Images)" title="Lloyd Blankfein, chairman and CEO of The Goldman Sachs Group, testifies before the Senate Homeland Security and Governmental Affairs Investigations Subcommittee on Capitol Hill on April 27, 2010 in Washington, DC. (Mark Wilson/Getty Images)" width="320" class="size-medium wp-image-1817354"/></a>
Lloyd Blankfein, chairman and CEO of The Goldman Sachs Group, testifies before the Senate Homeland Security and Governmental Affairs Investigations Subcommittee on Capitol Hill on April 27, 2010 in Washington, DC. (Mark Wilson/Getty Images)
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