days. but it is still the largest penalty ever paid by a company to the s.e.c. at the core of this case, regulators said goldman did not disclose certain conflicts of interest about a risky subprime mortgage related investment. who can forget how it sparked public outrage. we had senate hearings on capitol hill. and besides this hefty fine that goldman sachs is going to have to pay, goldman is going to have to change the way it does some of its business. notably it is going to have to expand the role of the internal committee responsible for approving of risky investments and any marketing material that comes out of goldman sachs will have to be reviewed by legal or compliance officers. one thing to mention in the outcome of this settlement though, remember fabrizi tory, he s one of the vice presidents there. he s not mentioned in this settlement so the s.e.c. is still pursuing a case against this guy. who can forget how congressmen were just sitting there reading all of his e-mails ab
a lot of people are having a hard time accepting he s off the mark. here s jeanne moos. reporter: she s heartbroken over the news. no, not sarah palin, we mean kathy griffin. my love, levi, i woke up this morning in your arms spooning. reporter: so what if she made it all up. it s part of her comedy shtick, playing off the vanity fair photo shoot. by the way, we re going to re-create that later on at my place. reporter: or going ice fishing. reporter: now she s forced to hear him gushing about his fiancee and their baby. no wonder she s posted suffering
administration and the naacp is very strong behind president obama but you will not see our president try to somehow use this moment that s going on right now in a healing way. he s going to ignore it and stave off the prey. reporter: it brings us back to our question have we taken a few steps back when it comes to race relations? as for whether the election of america s first black president will have a lasting influence on race relations? we won t really know what the real significance of this is for many years to come. carol costello joins us now live from washington. good to see you, carol. talk about marv williams, a tea party leader who was in your piece. he is sparking a new controversy. what s that all about? he s written a satirical blog. on the blog there is a fictional letter from the head of the naacp to abraham lincoln. he says, dear mr. lincoln we
race in america in march of 2008. the only other time he broached the race issue in a substantive way was in july of 2009 during the now-infamous, and some say disastrous, beer summit. others say don t expect the president to play peacemaker this time around. the tea party is the number one enemy of the obama administration, and the naacp is a very strong force behind president obama but you will not see our president trying to somehow use this moment that s going on right now in a healing way. he s going to ignore it and stay above the fray. reporter: it brings us back to our question have we taken a few steps back when it comes to race relations? as for whether the election of america s first black president will have a lasting positive influence on race relations? we won t really know what the real significance of this is for many years to come. we want to know what you think this morning.
so far it s actually slightly ahead of target, but the problem on the relief well is not simply drilling all the way down, it s also connecting it up. that s a delicate operation that could take some time. reporter: what does ahead of target mean, sir? reporter: when does bp begin paying fines according to the amount of oil spilled? we are obviously going to be taking measures about how much oil is spilled. those are calculations that will be continually refined. bp is going to be paying for the damage that it s caused. that will involve not only paying for the environmental disaster and cleanup, but also compensating people who have been affected. that s going to be a component of the calculations that are made. what do you want to say to the people there? when do you expect to go down