Goldman Sachs Has $5.9 Bil Worth Of Disdain For Legal Fees

Goldman Sachs (GS) hiked the upper end of its legal loss provisions to $5.9 billion for 2015 as it negotiates settlements with federal and state officials concerning its sale of mortgage bonds prior to the worldwide financial crisis and Great Recession. Unlike the other big U.S. lenders, Goldman Sachs has yet to reach a multibillion-dollar accord with regulators. The top end of the New York-based bank's legal loss is 55% higher than the $3.8

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