Goldman To Cough Up $60M In Mass. Subprime Deal
The settlement — thought to be the first of its kind with a major U.S. investment bank — was announced Monday by Attorney General Martha Coakley's office, which launched an investigation of Wall Street's subprime lending practices in December 2007.
Under the deal, Goldman will offer $50 million in loan restructuring to Massachusetts subprime borrowers, replacing problem...
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