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Amy Goodman
Democracy Now!’s independent journalism is more vital than ever. We continue to spotlight the grassroots movements working to keep democracy alive. No time has been more crucial to amplify the voices that other outlets ignore. Please donate today, so we can keep delivering fact-based, fearless reporting.
Every dollar makes a difference. Thank you so much!
Democracy Now!
Amy Goodman
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The Wall Street giant Goldman Sachs has agreed to a $550 million fine to settle a civil fraud lawsuit over selling a mortgage investment that had been established to fail. The investment consisted of pools of risky mortgages that had been packaged together. It’s the largest civil fraud settlement in Wall Street history, but according to reports, Goldman had been expecting to pay at least twice as much.
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