Goldman Sachs has been fined $650,000 by the Financial Industry Regulatory Authority for failing to properly disclose to regulators that two of its executives were going to be investigated by the Securities & Exchange Commission, FINRA announced Tuesday.
Wall Street titan Goldman Sachs has been fined £20m ($31 million) by British financial authorities for failing to disclose it was under investigation by the Securities and Exchange Commission -- an inquest which ultimately led to July's blockbuster $550 million stateside fine.
Henry Paulson's just-published memoir "On the Brink" recalls the financial crisis as it unfolded in the fall of 2008. Far from a gossipy tell-all, it devotes the bulk of its pages to the cautionary tale of how the world's financial system nearly collapsed -- and what he tried to do about it.
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