I throw thy name against the bruising stones
Worried about a housing bubble, top Goldman executives decided in December 2006 to change the firm’s overall stance on the mortgage market, from positive to negative, though it did not disclose that publicly. @#$@#$#@
oops. that should have been: )(*&&()({}+ h/t to Kat Herding.
Labels: Goldman Sachs, housing bubble, subprime loans, wall street
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