"Defftly navigating the sub-prime mortgage mess." Yes, by lying to their customers by selling them mortgage-backed assets at as safe when they knew they were about to crash, plus they created these assets by deliberately deceiving the raters and thus getting safe ratings when they should have gotten junk ratings.
Goldman Sachs is the chief architect of the current economic collapse.
Details: Read "The End," Portfolio magazine, Dec 08=Jan 09 issue.
goldman SCUMs
kirbyman1kanden7pf 8 months ago
GS people chose to bail out AIG so they could get 12 billion out the back door of AIG.
Lehman, and Bear Sterns died, leaving GS along.
THEN, GS makes a killing selling government debt.
Is there any common good with these parasites?
Goldman Sachs is evil in my opinion.
socratic1968 2 years ago
They even short selling the MBS which they sold to their client to make huge profit.
davidluk8 2 years ago
"Defftly navigating the sub-prime mortgage mess." Yes, by lying to their customers by selling them mortgage-backed assets at as safe when they knew they were about to crash, plus they created these assets by deliberately deceiving the raters and thus getting safe ratings when they should have gotten junk ratings.
Goldman Sachs is the chief architect of the current economic collapse.
Details: Read "The End," Portfolio magazine, Dec 08=Jan 09 issue.
AnotherCuppaCoffee 2 years ago
"generating billions of dollars" LOL!@!
These guys would scalp grandma's heart medication if they could.
Why do we subsidize food with taxpayers money only to allow sharks like Goldman Sachs to run the prices up in the commodities market????
alienmoonbase 3 years ago 2