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Goldman Sachs

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Goldman Sachs fined $50 million for Federal Reserve leak 

Oct 29, 2015By

The so-called revolving door between financial regulators and the private sector has finally swung around and bitten one of those private companies right where it hurts – their bottom line. Goldman Sachs will pay $50 million in fines after an investigation found that a former employee improperly shared confidential information obtained from the Federal Reserve Bank of New York.

3d rendering of a row of luxury townhouses along a street

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