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This is What a Giant Vampire Squid Looks Like

Goldman declined for three years to confirm their suspicions that it had bought their mortgages from a subprime lender, even after they wrote to Goldman's then-Chief Executive Henry Paulson — later U.S. Treasury secretary — in 2003. Full Article at Angry Bear

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  1. The Cayman offering — one of perhaps dozens made through the British territory — occurred as Goldman began to ditch the subprime mortgage business before the U.S. housing market collapsed under an avalanche of homeowner defaults. Full Article at Columbus Ledger-Enquirer

  2. SAN JOSE, Calif. — When California wildfires ruined their jewelry business, Tony Becker and his wife fell months behind on their mortgage payments and experienced firsthand the perils of subprime mortgages. Full Article at Beltway Blips

  3. The Treasury Department could block a possible deal between Goldman Sachs and struggling government-backed mortgage giant Fannie Mae, a Department spokesman said today. Full Article at ABC News

  4. Goldman now seizing homes subprime mortgages bought By GREG GORDON McClatchy Newspapers More News When California wildfires ruined their jewelry business, Tony Becker and his wife fell months behind on their mortgage payments and experienced firsthand... Full Article at KansasCity.com

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  1. U.S. Federal Reserve Chairman Ben Bernanke (R) and former Treasury Secretary Henry Paulson  testify at the House Financial Services Committee hearing on "Oversight of Implementation of the Emergency Economic Stabilization Act of 2008 and of Government Lending and Insurance Facilities; Impact on E...
  2. WASHINGTON - JANUARY 12:  U.S. Treasury Secretary Henry Paulson speaks at the Resources for the Future Center on January 12, 2009 in Washington, DC. Paulson spoke about the markets, climate change and environmental problems.
  3. WASHINGTON - JANUARY 07:  U.S. Secretary of the Treasury Henry Paulson addresses The Economic Club of Washington, D.C. January 7, 2009 in Washington, DC. Paulson spoke on 'The Role of the Government Sponsored Enterprises in Supporting the Housing Recovery.'
  4. WASHINGTON - DECEMBER 10:  U.S. Rep. Louie Gohmert (R-TX) speaks in front of a poster of Treasury Secretary Henry Paulson during a news conference on Capitol Hill December 10, 2008 in Washington, DC.
  5. BEIJING, CHINA - DECEMBER 5: US Treasury Secretary Henry Paulson (L) meets with Chinese President Hu Jintao during a meeting at the Great Hall of the People on December 5, 2008 in Beijing, China.
  6. BEIJING - DECEMBER 05:  U.S. Treasury Secretary Henry Paulson makes a speech at a joint press conference after the 5th China-US Strategic Economic Dialogue December 5, 2008 in Beijing, China.
  7. BEIJING - DECEMBER 4:  U.S. Treasury Secretary Henry Paulson listens to a speech by Chinese Vice Premier Wang Qishan, as a live broadcast of Wang is seen behind him, at the opening of the 5th China-US Strategic Economic Dialogue December 4, 2008  in Beijing, China.
  8. Treasury Secretary Henry M. Paulson delivers an update on the economy and the markets at the Fortune 500 Forum December 1, 2008 in Washington, DC. The forum brings together business leaders, policy experts and government representatives to discuss the current and future business climate.
  9. WASHINGTON - DECEMBER 02:  U.S. Treasury Secretary Henry Paulson addresses the World Affairs Council at Willard Intercontinental Hotel December 2, 2008 in Washington, DC.

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