Gasparino: Goldman's Settlement Could Go As High As $5 BILLION

lloyd blankfein goldman sachs protestor

According to Fox Business reporter Charlie Gasparino, settlement talks between Goldman Sachs (GS) and the SEC are proceeding, and the ultimate payment could go as high as $5 billion, or be as low as $1 billion.

$5 billion seems positively outrageous, but our guess is that if this is what it took to end their troubles, they’d pay it.

Note: We haven’t seen the Fox report. However both Zero Hedge and Benziga are citing it. We’ll update as warranted.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at