Goldman paid a $550 million penalty in 2010 for misleading investors in a collateralized debt obligation tied to subprime loans. But in recent years the firm has become the focus of a criminal investigation for its role in helping to sell bonds on behalf of 1Malaysia Development Berhad, or 1MDB, that turned out to be a multibillion-dollar fraud. A partner at the firm, Tim Leissner, pleaded guilty to charges of conspiracy to commit money laundering and conspiracy to violate the Foreign Corrupt Practices Act. His former deputy, Roger Ng, is also accused of helping a Malaysian businessman, Jho Low, loot 1MDB of billions of dollars to finance a lavish lifestyle.

Prosecutors are pushing for Goldman to plead guilty to charges related to its involvement with 1MDB. The company has continued to blame “rogue” employees for its problems. Even if the firm does plead guilty, the impact on its operations should be minimal.

How much Goldman may pay in a settlement is anyone’s guess, but a figure between $2 billion and $3 billion would roughly equate to the loss suffered by the Malaysian government from the 1MDB fraud. In 2018, Goldman earned $10.4 billion, so the payment, while unwelcome, is unlikely to have too much of an impact on the firm.

Importantly, the Securities and Exchange Commission, if past cases are any guide, is likely to grant Goldman a waiver from the “bad actor” rules, which would make it more difficult to access the capital markets.

Facebook disclosed in its most recent quarterly report that it created a $3 billion reserve to resolve an investigation by the Federal Trade Commission that the company may have violated a 2011 privacy consent decree with the agency. The company also said that “it is reasonably possible that we may incur a substantial loss in some of the other cases, actions or inquiries” that it is facing over its privacy practices.