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Goldman Sachs spent years buying hundreds of thousands of subprime mortgages during the real estate boom, packaging them into high-yield bonds. Full Article at WalletPop
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David Gardner called it. He’s up 1,334%! See what David’s recommending that you buy NEXT. Full Article at Motley Fool
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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
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TORONTO - Goldman Sachs has launched a legal battle against beleaguered Canwest Global Communications Corp. to shield their joint specialty TV assets and protect the two firms' partnership from Canwest's bankruptcy proceedings. Full Article at Financial Post
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McClatchey has a damning investigative report out on the dealings of Goldman Sachs (GS) a few years ago, back when the housing and credit bubbles were reaching their maximum point of inflation. Full Article at ETF Investor
Related Quotes
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We also know that -- with all due respect to you
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The bonuses are offensive
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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 -
It would look much more damaging
– John Coffee SOURCE: KansasCity.com
