Reuters first with Goldman settling subprime probe

Reuters was first on May 11 to report Goldman Sachs had agreed to pay $60 million to settle a Massachusetts investigation into its role in the subprime lending market. The settlement marked the first accord between regulators and companies that securitized subprime loans, rather than underwriting them, a move that signaled a broader lineup of Wall Street banks could be on the hook. Reuters beat rival Bloomberg by more than two minutes with this news and Dow Jones by a wider margin.