Goldman Pays $36.3 Million to Settle Fed-Leak Allegations
This is a wsj.com article.
Federal Reserve unveils new allegations that former executive at the bank had run a long campaign to obtain regulatory secrets.
Goldman Sachs Group Inc. has agreed to pay $36.3 million to settle allegations it misused confidential regulatory materials leaked from the Federal Reserve, the latest twist in a lengthy investigation.
The Fed unveiled the civil settlement Wednesday and brought new allegations that an executive at the bank had run a long campaign to obtain regulatory secrets and make use of them inside the bank from 2012 to September 2014, well before the leak that sparked the investigation occurred.
PiggyBankBlog Bailiff: “All rise! The honorable Congresswoman Marcy Kaptur has entered the Courtroom of Public Opinion!”