Frauds

Goldman Sachs Will Pay $5B for Fraudulent Sales of Toxic Debt, No One Will Go to Jail

No one at Goldman Sachs will go to jail despite the company’s world-destroying, multi-billion-dollar frauds that culminated in its unloading billions’ worth of worthless mortgage-backed securities on its customers just before the crash. Goldman’s settlement requires it to admit that it knowingly committed these frauds for years on end. Again, no one will go to jail.