Goldman Sachs’ $5 billion and Wells Fargo’s $1.2 billion settlements of mortgage wrongdoing would be grounds for giggling if it were not all so painful. Goldman has -- at last -- this week settled with the Department of Justice for securitizing bad loans from 2005-2007, and Wells for lousy underwriting of FHA loans from 2001-2008.
Commentary: 'Now is not the end. It is not even the beginning of the end ...'
Commentary: Financial song and dance borrows from 'The Producers'
Commentary: Shine a light on miscreants, even if it burns