Bauilout

Goldman Sachs Boasted As The Meltdown Unfolded

Apr 28th

Posted by James O'Rourke in Bailout

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by The Associated Press AP – April 24, 2010 E-mails released Saturday morning show top executives at Goldman Sachs Group Inc. boasting about the money the firm was making as the national housing market collapsed in 2007. The e-mails suggest Goldman benefited from its bets that securities backed by subprime mortgages would lose value. The [...]

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