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Goldman did not admit or deny the allegations, but it did acknowledge it made a "mistake" by not disclosing to investors that a hedge fund participated in selecting the securities in question, while intending to bet they would default.
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As Kansas State Coach Bill Snyder acknowledged, it made the score close, but not really.
And unlike Goldman Sachs, Citigroup resolved fraud accusations that it acted negligently without acknowledging it made a mistake.
As part of the settlement, JP Morgan acknowledged it made serious misrepresentations to the public – including to investors – about numerous transactions relating to residential mortgage-backed securities.
"Citigroup acknowledged it made serious misrepresentations to the public — including the investing public — about the mortgage loans it securitized," a DOJ press release said at the time.
He is also critical of the state of television news, though he acknowledges, "It makes no sense for people like us to get all high and mighty about the corrupting influence of money in the news business when we ourselves are the beneficiaries of this newfound prosperity".
They seemed reluctant even to acknowledge it; they made the studio sound happily isolated, like a spa or a Scandinavian prison.
Don't hide your past; just acknowledge it and make a decision that you have grown past that and want better.
It takes a big person to acknowledge it and make it right.
Icann acknowledged it had made mistakes in reversing its decision to accept ICM Registry's proposal three years ago under pressure from the Bush administration.
A Singapore-based online retailer, SuperGurl, acknowledged it had "made a mistake" after advertising its Black Friday sale with the slogan "rape us now".
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com