Massachusetts AG announces $60 million settlement with Goldman for its role in subprime crisis

September 23rd, 2009 Calif. city approves NFL stadium plan settlementWALNUT, Calif. — The city of Walnut has approved a legal settlement in exchange for dropping objections to a proposed NFL stadium development in a neighboring Southern California city.

September 10th, 2009 Judge approves $20M settlement over Katrina damageNEW ORLEANS — A federal judge has given final approval to a $20 million settlement of class-action lawsuits against several Louisiana levee boards. The suits were filed on behalf of about 500,000 homeowners whose property was damaged by Hurricane Katrina's flood waters.

September 8th, 2009 Mass. reaches settlement with Madoff feeder fundBOSTON — The Massachusetts secretary of state has reached an agreement with one of Bernard Madoff's feeder funds that calls for full restitution for the state's victims. Secretary of State William Galvin says the $8 million deal was struck Tuesday, less than 24 hours before Fairfield Greenwich was supposed to appear at a state hearing.

September 8th, 2009 Ohio AG says $475M Merrill Lynch settlement readyCOLUMBUS, Ohio — Ohio Attorney General Richard Cordray says $475 million in settlement money is ready for distribution to Merrill Lynch investors in Ohio and elsewhere. Cordray on Tuesday announced the completion of the financial company's settlement with the State Teachers Retirement System.

September 3rd, 2009 Brandywine Realty announces purchase of notesRADNOR, Pa. — Brandywine Realty Trust, a real estate investment trust, said Thursday it completed the purchase of $100 million of its 5.75 percent notes.

August 25th, 2009 Timeline of key moments during Bernanke's tenureWASHINGTON — Federal Reserve Chairman Ben Bernanke has been praised for averting another Great Depression and accused of acting too late to prevent the financial crisis. But most agree that many of his bold actions helped stabilize financial markets and prevent the crisis from deepening.

August 16th, 2009 Mass. rejects settlement offer in Madoff scandalBOSTON — Massachusetts Secretary of State William Galvin's office has rejected a proposed settlement by an investment firm to repay nearly $6 million to state investors who lost money in Bernard Madoff's fraudulent investment scheme. Galvin spokesman Brian McNiff said Sunday that his agency is not accepting New York-based Fairfield Greenwich Group's offer to fully refund nearly a dozen investors in the state because officials are still trying to identify all the affected investors.

August 14th, 2009 Dynamics Research reaches $15M settlement with DOJWASHINGTON — The Department of Justice said that Dynamics Research Corp., a consulting, engineering and information technology services provider, will pay the United States $15 million plus interest to settle allegations of a 1990s kickback scheme related to contracts with the Air Force. On Thursday the DOJ detailed the settlement agreement, which says from 1997 to 2000, DRC's vice presidents Paul Arguin and Victor Garber steered Air Force contracts for computer equipment and services to companies owned by themselves, Arguin's wife and others, in exchange for kickbacks and inflated contract prices.

July 24th, 2009 Journal Register settles Conn. tax claimNEW HAVEN, Conn.

July 14th, 2009 Goldman Sachs poised to post big 2nd-qtr profitNEW YORK — Goldman Sachs Group Inc., long considered one of the strongest banks amid the credit crisis and ongoing recession, is expected to post a hefty second-quarter profit Tuesday morning. Goldman is poised to take advantage of fewer competitors on Wall Street and its ability to successfully manage more risk.

June 23rd, 2009 Huntsman announces legal settlement with banksTHE WOODLANDS, Texas — Chemicals maker Huntsman Corp. says it has reached a $1.7 billion settlement with two banks over its accusation they schemed to scuttle a $6.5 billion buyout of the chemicals maker last year.

June 17th, 2009 Goldman Sachs repays government investmentNEW YORK — Goldman Sachs Group Inc. said Wednesday it has repaid the $10 billion it received last fall as part of the government's $700 billion bank bailout program.

June 9th, 2009 Massachusetts settles with mortgage lenderBOSTON — A bankrupt California-based subprime mortgage lender has agreed to pay $10 million to settle allegations of unfair practices that contributed to the current spike in Massachusetts home foreclosures. Massachusetts Attorney General Martha Coakley said Tuesday that Fremont Investment & Loan and its parent company, Fremont General Corp., will pay $8 million in consumer relief, $1 million in civil penalties and $1 million in costs, including attorney fees.

May 13th, 2009 BP Prudhoe Bay enters $29.5M settlement dealNEW YORK — BP Prudhoe Bay Royalty Trust said Tuesday it entered into a $29.5 million settlement agreement with BP Exploration (Alaska) Inc., a unit of British oil company BP PLC. BP Exploration will pay the $29.5 million to the trust.

May 9th, 2009 Goldman director Friedman defends role at NY FedNEW YORK — Goldman Sachs director Stephen Friedman, who resigned Thursday as chairman of the Federal Reserve Bank of New York's board, defended his conduct Friday in serving in both posts. "I followed the rules as I always have," he said at Goldman Sachs' annual meeting Friday.