Biloxi Sun Herald logo Biloxi Sun Herald 3 weeks ago

Goldman takes on new role: taking away people's homes

The Becker family of San Jose

Goldman spent years buying hundreds of thousands of subprime mortgages, many of them from some of the more unsavory lenders in the business, and packaging them into high-yield bonds. Full Article at Biloxi Sun Herald

Related Topics:

  1. Goldman Sachs
  2. George W. Bush
  3. Dick Cheney

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Related Quotes

  1. We also know that -- with all due respect to you
    Luis Gutierrez – Luis Gutierrez SOURCE: ABC News 3 weeks ago
  2. The bonuses are offensive
    David Axelrod – David Axelrod SOURCE: ABC News 3 weeks ago
  3. It would look much more damaging
    – John Coffee SOURCE: KansasCity.com 4 weeks ago
  4. The Securities and Exchange Commission should be very interested in any financial company that secretly decides a financial product is a loser and then goes out and actively markets that product or very similar products to unsuspecting customers without disclosing its true opinion
    SOURCE: KansasCity.com 4 weeks ago
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Browse More Photos

Daylife is the web's largest archive of news photos

  1. A volunteer who would not give her name, serves Thanksgiving dinner at Salvation Army in New York Thursday Nov. 26, 2009.
  2. WASHINGTON - NOVEMBER 16: Activists protest in front of the DC office of Goldman Sachs November 16, 2009 in Washington, DC.
  3. LONDON, ENGLAND - OCTOBER 15: Goldman Sachs building in Paternoster Square is bathed in Autumnal sunshine on October 15, 2009 in London, England. Investment Bankers Goldman Sachs have announced quarterly profits of £1.96 billion.
  4. ISTANBUL, TURKEY - OCTOBER 3: In this handout image supplied by the IMF, the BBC's Nik Gowing hosts a live 'Special World Debate' with panelists Economic Historian Niall Ferguson, French Finance Minister Christine Lagarde, Goldman Sachs Jim O'Neill, International Monetary Fund's Managing Directo...
  5. NEW YORK - SEPTEMBER 23: Lloyd Blankfein, Chairman and CEO of The Goldman Sachs Group, participates in a panel on September 23, 2009 at the Clinton Global Initiative (CGI) in New York, New York.
  6. WASHINGTON - OCTOBER 13: Goldman Sachs CEO Lloyd Blankfein arrives at the Treasury Department October 13, 2008 in Washington DC. Treasury Secretary Paulson invited the heads of major banks to the meet with him at the Treasury Department.
  7. A cloud of smoke rises fromt the Station fire as California wildfires rage on the hillsides of the La Crescenta area of Los Angeles on Monday, Aug. 31, 2009.
  8. SACRAMENTO, CA - AUGUST 28: Governor Arnold Schwarzenegger talks to the press about California wildfires during a visit to The Great California Garage Sale August 28, 2009, in Sacramento, California. The two-day sale includes more than 5000 surplus state-owned items.
  9. SANTA BARBARA, CA - MAY 07: Animal enclosures and a work area lie in ruins on May 7, 2009 in Santa Barbara, California. After the Jesusito fire was fueled by strong sundowner winds and record 100-degree heat, at least 20 houses were destroyed yesterday.

Cast of Characters

  1. Goldman Sachs Goldman Sachs
  2. United States Department of the Treasury United States Department of the Treasury
  3. Fannie Mae Fannie Mae
  4. Luis Gutierrez Luis Gutierrez
  5. Wall Street Journal Wall Street Journal
  6. George W. Bush George W. Bush