This is the largest settlement in history and the SEC was hoping this will teach banks to play by the rules and make sure they don’t get in trouble again with regulators.
The SEC settled with Goldman Sachs on Friday, which claimed that it misled investors during the time of the financial crisis when it marketed investments tied to mortgage-backed securities that later turned out to be worthless. This is one case where settlements are a better option than going through a trial.
Goldman’s shares rose more than 1% on Friday, suggesting most investors saw this as a favorable outcome for the firm, which recently announced plans to return $15 billion to shareholders via share buybacks and dividends over 2019-2021.
Money is an important part of our lives. Whether we’re a business owner, investor, or just someone who wants to track their net worth on a daily basis, it’s something that we all need to know about.
There are many different topics related to money. This section has information on the different types of currency, the history and origin of money, and gold and silver as investments.
Numerous aspects of life are influenced by money. For instance, one of the most important aspects is how we manage it. Money management is a major part of one’s financial life. It involves planning, budgeting, saving and investing.
Money can be classified in different ways such as cash, stocks and shares, gold coins or silver coins etc. It can also be classified in terms of legal entities such as a company or individual. There are various types of tax such as income tax and property taxes that the government charges on individuals and businesses respectively to make sure that there is equitable distribution of resources
The key point to consider when dealing with money is that it has its own set of rules and regulations which vary from country to country.http://pinezka.czytajconapisalem.net.pl