
Goldman Sachs agreed to pay $225 million to three states to settle litigation concerning the origination and sale of toxic securities in the period leading up to the financial crisis. The three states and the amounts were: California ($10 million), Illinois ($25 million), and New York ($190 million). This was part of a larger $5 billion settlement involving the federal government; For more info visit https://www.justice.gov/opa/pr/goldman-sachs-agrees-pay-more-5-billion-connection-its-sale-residential-mortgage-backed