Goldman helped create market for junk mortgages
Calif. — Goldman Sachs was one of the last Wall Street giants to enter the subprime lending world, but when it did, it quickly climbed into bed with profligate, highflying firms — companies such as New Century Financial Corp. Goldman has yet to explain why it risked its blue-chip reputation and financial...
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Home Foreclosures On The Rise: Over 3.5 Million More This Year
By: Ross1776
It was reported in Realty Trac this week that the second quarter figures are in on the continuing mortgage and foreclosure mess, and exceed by 5% the figures from summer to fall. Summer, however, actually is the highest sales month for home sales historically. The foreclosure figures to date far exceed those that are purchasing new homes ...
about 1 month ago
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- News Source: Ledger-Enquirer | about 1 month agoCalif. — Goldman Sachs was one of the last Wall Street giants to enter the subprime lending world, but when it did, it quickly climbed into bed with profligate, highflying firms — companies such as New Century Financial Corp. Goldman has yet to...
- News Source: Ledger-Enquirer | about 1 month agoInside the thick Goldman Sachs investment circular were the details of a secret, $2 billion deal channeled through a Caribbean tax haven. The Sept. 26, 2006, document offered sophisticated U.S. and European investors an opportunity to buy into a pool...
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@PElliottAP @mikememoli A Goldman Sachs guy added to this administration? Could Obama sell @JonCorzine as a special adviser for financial regs?
about 1 month ago
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