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A five-month investigation by McClatchy Washington Bureau correspondent Greg Gordon shows how Goldman Sachs sold these securities to unsuspecting buyers, used offshore tax havens to market them to financial institutions worldwide and benefited from... Full Article at Belleville News-Democrat
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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
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In the 1980s and '90s, Goldman Sachs Group ran a staid residential mortgage operation that simply bought and sold loans. Full Article at Miami Herald
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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
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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
