At least Lloyd Blankfein is safe, the NYT says, as Wall Street digested the aftermath of his bank’s $550m settlement with the Securities and Exchange Commission over the Abacus case. However, the SEC could still turn its attention to similar deals struck by other banks over mortgage-related products, according to the WSJ. And while Goldman Sachs has won this battle, the history books are likely to take a different view on a bank that still looks more vulnerable than at any time since divisions between its partners in 1994, the FT’s John Gapper writes.
