iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Goldman Sachs Receives $40k Fine for Manipulating WTI Crude

Such a small fine….oh well back to manipulating again.

Full article

If you enjoy the content at iBankCoin, please follow us on Twitter

3 comments

  1. Bud Tender

    $40K for manipulating billions?

    Some penalty.

    All they had to do was to lay off the janitor to pay the fine.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. zzzdoc

    GS needs a janitor. Probably they limit the bar drinks to a maximum of 10/person

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. lol

    Well, if they know the law and anticipate the fine, they can determine if the risk outweighs the reward. In this case, they probably made a good decision (for their own financial sake in terms of $USD reward/$USD risk taken).

    • 0
    • 0
    • 0 Deem this to be "Fake News"