Goldman Sachs to pay $50M fine over documents scandal

This time, the revolving door smacked Goldman Sachs on the backside. Lloyd Blankfein's bank is expected to pay a roughly $50 million fine and an ex-banker is expected to plead guilty to federal criminal charges that he took confidential documents from the Federal Reserve Bank of New York, The Post has learned. The civil penalties against Goldman are among the harshest ever levied by New York. The settlement is being ironed out between Goldman and the Department of Financial Services. The crimina...