Warren Demands Tough Criminal Action Against Corporate Scofflaws

Earlier this month, Goldman Sachs, the banking behemoth, agreed to pay $5 billion in civil penalties to resolve claims arising from the marketing and selling of faulty mortgage securities to investors that helped fuel the Great Recession. Goldman said the settlement with federal prosecutors and regulators would reduce its fourth-quarter earnings by approximately $1.5 billion on an after-tax basis. For a Wall Street bank with assets valued at $861 billion, the fine is a drop in the bucket and lik