rich 1.0 (WASHINGTON) — The Justice Department announced a $5 billion settlement with Goldman Sachs over the sale of mortgage-backed securities leading up to the 2008 financial crisis. The deal announced Monday resolves state and federal probes into the sale of shoddy mortgages before the housing bubble and economic meltdown. It requires the bank to pay a $2.4 billion civil penalty and an additional $1. TIME's Top Stories https://audioboom.com/channels/3380207-time-s-top-stories Audioboom https://audioboom.com 480 95 https://audioboom.com/i/21045562/600x600/c 600 600 <iframe width="100%" height="95" src="https://embeds.audioboom.com/posts/4417737/embed?v=202301" style="background-color: transparent; display: block; padding: 0; width: 100%" frameborder="0" allowtransparency="allowtransparency" scrolling="no" title="Audioboom player" allow="autoplay" sandbox="allow-downloads allow-forms allow-popups allow-same-origin allow-scripts allow-storage-access-by-user-activation allow-top-navigation-by-user-activation"></iframe>