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Goldman Sachs bet on housing collapse

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Lloyd Craig Blankfein, CEO of The Goldman Sachs Group, Inc, from left, Kenneth Irvine Chenault, CEO and Chairman of American Express, Kenneth D. Lewis, Chairman, CEO, and President of Bank of America and Edward Yingling, president of the American... Full Article at Kansas.com

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  1. Co-CEO of Goldman Sachs, Richard Gnodde listens during a Future of Finance Initiative conference in Horsham, southern England December 8, 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. A staff attends to a customer at a branch of CIMB Bank in Kuala Lumpur December 8, 2009. The success of Malaysia's CIMB Group to win the biggest deals in Southeast Asia could stutter over its lack of a global network, which may see it collaborating with Wall Street banks rather than take them on.
  7. NEW YORK - NOVEMBER 30:  Photos are displayed during the FOEDUS USA Foundation's A Journey to La Dolce Vita at The Setai Wall Street on November 30, 2009 in New York City.
  8. NEW YORK - NOVEMBER 30:  Actors Brooke Shields, Anthony Mackie, Jeremy Renner and Brian Geraghty pose backstage at IFP's 19th Annual Gotham Independent Film Awards at Cipriani, Wall Street on November 30, 2009 in New York City.
  9. NEW YORK - NOVEMBER 30:  Directors Donal Mosher and Michael Palmieri attend IFP's 19th Annual Gotham Independent Film Awards at Cipriani, Wall Street on November 30, 2009 in New York City.

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