The US Treasury Department has announced that Goldman Sachs is to pay more than $ 5bn to settle the charges that it sold properties it believed were likely to fail during the housing bubble of 2005 - 2007 . Follow her on Twitter @OBrienLedger. Some of this money is due to be used to help finance affordable rental housing in the US .
The US Treasury Department has announced that Goldman Sachs is to pay more than $ 5bn to settle the charges that it sold properties it believed were likely to fail during the housing bubble of 2005 - 2007 . Some of this money is due to be used to help finance affordable rental housing in the US .