Goldman Sachs
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 […]
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