We thought it was well-known that while Goldman Sachs (GS) bond sellers were peddling risky mortgage securities, its traders were going short the same thing.
Full Article at Clusterstock
Source: McClatchy Newspapers WASHINGTON In 2006 and 2007, Goldman Sachs Group peddled more than $40 billion in securities backed by at least 200,000 risky home mortgages, but never told the buyers it was secretly betting that a sharp drop in U.S.
Full Article at Democratic Underground
Now, it may seem funny that I'd single out Goldman Sachs (NYSE: GS) as my pick for the world's scariest stock, since just more than a week ago I fingered Goldman as the bank I'd be most interested in buying. Am I completely contradicting myself? Hardly.
Full Article at The Money Times
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