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Goldman To Drop $270M To Settle $6B RMBS Suit

By Y. Peter Kang ( July 31, 2015, 9:47 PM EDT) -- Goldman Sachs Group & Co. has tentatively agreed to pay $270 million to resolve a putative class action brought by a union pension fund accusing the investment banking giant of selling $6 billion in shoddy residential mortgage-backed securities, according to multiple media reports published Friday. . . .

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