Goldman Sachs’ moment of public flogging is here. On Tuesday, top representatives from Wall Street’s most powerful firm will appear on Capitol Hill, where they are expected to endure a harsh line of questioning from lawmakers about their role in helping bring about the financial crisis. Much of the focus however will likely center on […]

By Louise Story and Sewell Chan In late 2007, as the mortgage crisis gained momentum and many banks were suffering losses, Goldman Sachs executives traded e-mail messages saying that they would make “some serious money” betting against the housing markets. The messages, released Saturday by the Senate Permanent Subcommittee on Investigations, appear to contradict statements […]