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Keyword: mortgagesettlement

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  • GOLDMAN SACHS settles mortgage FRAUD case for $5 billion

    04/11/2016 3:19:59 PM PDT · by dragnet2 · 41 replies
    http://www.washingtonexaminer.com ^ | 4/11/2016 | Joseph Lawler
    The special inspector general for the TARP bailout, said that "Goldman took $10 billion in TARP bailout funds knowing that it had fraudulently misrepresented to investors the quality of residential mortgages bundled into mortgage-backed securities.
  • Goldman Sachs to Pay $5.1 Billion in Mortgage Settlement

    04/11/2016 10:16:24 AM PDT · by maggief · 70 replies
    New York Times ^ | April 11, 2016 | NATHANIEL POPPER
    Goldman Sachs has completed a $5.1 billion settlement with state and federal officials over the bank’s role in the subprime mortgage crisis. Goldman is the last of the big American banks to reach a settlement with the national working group that was set up in 2012 to investigate how Wall Street exacerbated the mortgage bubble and ensuing financial crisis. Goldman said in January that it had put aside money to cover a $5 billion settlement. The final bill for Goldman is less than the settlements of mortgage giants like JPMorgan Chase, which paid $13.3 billion, and Bank of America, which...
  • The Rush Limbaugh LIVE Radio Show Thread - Thursday, February 9, 2012

    02/09/2012 8:14:15 AM PST · by IMissPresidentReagan · 157 replies
    The EiB Network ^ | 02/09/2012 | Rush Limbaugh
    AND NOW . . . amidst billowing clouds of fragrant, aromatic first- and second-hand premium cigar smoke. . . it is time for . . . that harmless, lovable little fuzz ball, the highly-trained broadcast specialist, having more fun than a human being should be allowed to have, from behind the golden EIB microphone, firmly ensconced in the prestigious Attila-the-Hun chair at the Limbaugh Institute of Advanced Conservative Studies, serving humanity simply by showing up, and he’s not retiring until every American agrees with him, do NOT doubt him, with shrieks of joy at the mere mention of his name...