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Goldman Sachs E-Mails Tie Huge Profits To ‘Mortgage Mess’

April 24, 2010 by admin · Leave a Comment 

”We lost money …

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Goldman Sachs E-Mails Tie Huge Profits To ‘Mortgage Mess’

cheered-at-having

E-mails show Goldman praised the collapsing mortgage market

April 24, 2010 by · Leave a Comment 

While Wall Street and Main Street were in tears, officials at Goldman Sachs cheered at having made money shorting the subprime mortgage crisis, new Senate documents show. “Of course we didn’t dodge the mortgage mess,” Goldman CEO Lloyd Blankfein wrote in a November 2007 e-mail to several of his…

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E-mails show Goldman praised the collapsing mortgage market

cheered-at-having

Goldman knew it profited from mortgage crisis

April 24, 2010 by · Leave a Comment 

Goldman Sachs officials knew their bets against mortgages, whose dramatic decline sparked the financial crisis, profited the firm, according to documents released Saturday by a Senate panel investigating the crisis.

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Goldman knew it profited from mortgage crisis