Goldman Sachs Group (GS) has agreed to pay a $50 million fine in order to settle allegations that one of its employees took confidential documents from the Federal Reserve. The New York State Department of Financial Services also said that as part of the enforcement action, Goldman has accepted a three-year voluntary abstention from accepting new consulting engagements. The problem started when in September 2014 when Rohit Bansal, a Goldman Sachs banker and a former Federal Reserve employee, allegedly forwarded an e-mail to members of his team from Jason Gross, an employee at the Fed, that contained confidential ... (full story)