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GE Agrees to Settle DoJ Subprime Mortgage Case for $1.5bn
Financial Times, Jan. 31, 2019–Ed Crooks (subscription)
General Electric‘s new boss took a first step towards ending years of upheaval that has drove the conglomerate from the top tier of American companies, announcing strong revenue growth and a $1.5 billion settlement in a longstanding probe into its role in the 2008 financial crisis.