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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: SilentZ who wrote (576746)7/18/2010 11:34:24 AM
From: bentway  Read Replies (1) | Respond to of 1575845
 
Sure, but that's for ONE of their crimes. There's nothing to stop the gummint from going after GS for other crimes. Nothing stops private parties from suing for damages.

Many people seem to think the settlement was for EVERYTHING GS has done, wiping their slate clean. Not so.



To: SilentZ who wrote (576746)7/18/2010 12:37:46 PM
From: tejek  Respond to of 1575845
 
Its not nothing but it is a piddling amount compared to what they make. I think the judge figured who they screwed are fairly sophisticated customers, knew what the risks were and should have known better.

Goldman Sachs to settle with SEC for $550 mln: reports

It's nothing. They made 60 bil in profits over the last couple years.


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