Report: Goldman Ready to Settle

Lawsuits

Updated Apr. 25, 2017 10:03AM EDT / Published May 04, 2010 7:55AM EDT

Susan Walsh / AP Photo

Get your shots in at Goldman Sachs while you still can: Charlie Gasparino reports that Goldman is ready to settle the charges against it and talks with the SEC could begin as soon as Tuesday. However, before initiating the talks, Goldman will probably offer “a sweeping defense of the firm’s actions.” Gasparino says the bank believes the SEC’s charges are baseless but doesn’t want to risk the bad publicity of a drawn-out battle. "We can't be going to war with the SEC," says one senior executive at the firm.

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Report: Goldman Ready to Settle

Susan Walsh / AP Photo