Goldman Sachs will pay $5 billion to settle US mortgage case

Goldman Sachs will pay $5 billion to settle US mortgage case

WASHINGTON (AP) — Goldman Sachs agreed to pay about $5 billion to settle U.S. claims the Wall Street bank misled investors in sales of mortgage-backed securities that helped create the 2007-2009 financial crisis, the Justice Department announced Monday.

The $5.06 billion deal resolves state and federal probes into the sale of shoddy mortgages in the run-up to the housing bubble and subsequent economic meltdown.

Healey uses immigrant rally to bash ‘extremist’ Trump
Maura Healey

Healey uses immigrant rally to bash ‘extremist’ Trump

State House News Service

BOSTON – As hundreds of immigrants and supporters gathered to lobby for legislation to benefit their communities, state Attorney General Maura Healey, a Democrat, took the opportunity to brand Republican Donald Trump as an unAmerican "extremist" who threatens them and their families.

"When people like Donald Trump and other extremists – yes, extremists – want to close off America to immigrants and refugees, what does that say?" Healey told the crowd at the Massachusetts Immigrant and Refugee Advocacy Coalition rally. "When they threaten to deport people, to build walls, to stop travel, to literally break up and break apart families, what does that say?"

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