Goldman Sachs settles with SEC
SEC says Goldman to pay record $550 million to settle CDO-related charges
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Goldman Sachs has agreed to pay a record $550 million to settle fraud charges brought by the Securities and Exchange Commission, the financial regulator said on Thursday. Full story: www.reuters.com
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Here's the full SEC judgment www.sec.gov
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"This is surely a massive win for Goldman," says Felix Salmon blogs.reuters.com
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SEC says timing of settlement unrelated to passage of financial regulation. Full coverage of regulation here: www.reuters.com
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"This is a very favorable outcome for investors," says analyst Bill Fitzpatrick. More reaction here: www.reuters.com
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Here's an interactive graphic explaining the Goldman charges www.reuters.com
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Interactive Goldman share price graph graphics.thomsonreuters.com
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Here's more from Felix Salmon: "Goldman agrees to carry on as usual" blogs.reuters.com
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Factbox: Details of the settlement www.reuters.com
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Thanks for joining our live coverage. Come back to Reuters.com for more coverage tonight and tomorrow www.reuters.com
Britain's Prince Andrew halts public duties over sex scandal
LONDON Britain's Prince Andrew stepped down from public duties on Wednesday, saying the controversy surrounding his "ill-judged" association with late U.S. financier Jeffrey Epstein had caused major disruption to the royal family's work.
