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The settlement with the
As part of the settlement, investors who were harmed will receive all of their money back, the
In its announcement, the
The bank neither admitted nor denied wrongdoing under the settlement.
The bank agreed to settle the charges two weeks after
Regulators have been investigating a number of major banks’ actions ahead of the financial crisis. More charges are expected.
The penalty is the highest since
Goldman was accused of steering investors toward mortgage investments without telling thee buyers that the securities had been crafted with input from a client that was betting on them to fail.
Magnetar essentially made a
The investors include