Wednesday, February 1, 2017

Goldman Sachs reaches $100 million in consumer relief in $5 billion settlement

Goldman Sachs is progressing in the consumer relief obligations that are part of the $5 billion settlement reached in April over toxic mortgage bonds, the settlement’s monitor said in a new report. The report showed that Goldman Sachs passed the $100 million mark on its way to the $1.8 billion in consumer relief it’s required to provide as part of the settlement.

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