Sunday, July 19, 2020

More on Goldman vs the SEC

More on Goldman versus the SEC More on Goldman versus the SEC The Financial Times offers an adaptation of whats going on off camera in SEC body of evidence against Goldman Sachs that negates to some degree the one portrayed by John Carney on CNBC and examined on this blog here. The FT rendition is based, as Carneys, on unknown sources. The FT form underlines the endeavors Goldman is making to arrive at a settlement on a lesser chargeomission of a material actuality, instead of extortion. The possibility of a settlement being prefaced on Goldman neither conceding nor denying bad behavior is dealt with impartially as a conceivable result. The piece refers to Brad Hintz of Bernstein Research, who appraises that Goldman may pay a fine of $250 million and remunerate financial specialists by purchasing out their introduction to the infamous Abacus bargain at an expense of $370 million.- posted by brian

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