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David Brooks, former CEO who bilked his company Point Blank Solutions got 17 years IIRC and the DOJ seized 160 + some other monies. His CFO paid $5M. Last I read is that shareholders will get $38M from the class action suit.



The current deal that is ugly to me is the related party transactions, while going dark within Goldman is Grace 2007 preferreds. Go dark claiming less than 100 shareholders which is quickly pointed out be false, then use going dark to buy shares as you hold the info and the SEC opened an inquiry and a civil suit followed. Goldman has now agreed to some stuff and a new price but the settlement of wrong doing will be paid out of monies that rightly should go to the preferred holders.
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