November 2, 2009

How Goldman Secretly Bet on the Housing Crash

Greg Gordon, McClatchy

Send to a Friend

For a better experience using this site, please upgrade to a modern web browser. Click on the icons to the right to learn more.

Home Latest Stories Goldman takes on new role: taking away people's homes Challenger's pullout leaves Afghan government of dubious legitimacy Northrop charges that tanker bidding skewed toward Boeing McClatchy blogs » Afghanistan Journal » Planet...
Read Full Article ››

TAGGED: credit crisis, housing, Greg Gordon, Goldman Sachs

RECOMMENDED ARTICLES

October 23, 2009
Was October 2008 Just a Dress Rehearsal?
Gillian Tett, Financial Times
MARKETS Breadcrumb trail navigation:Published: October 22 2009 18:07 | Last updated: October 22 2009 18:10Earlier this month, I received a sobering e-mail from a senior, recently-retired banker. This particular man, a... more ››
October 29, 2009
Why Do Financial Crises Occur in the Fall?
Catherine Rampell, Economix
The 80th anniversary of the Wall Street crash of 1929 is now upon us. But this time of year brings the anniversary of a few other infamous financial panics, too: 2008 (September and October, roughly), 1987 (Black Monday, Oct.... more ››
That's how David Goldman describes the current situation, and he's right.These two charts from the St. Louis Fed tell the story. The first one is year-over-year change in commercial and industrial loans. It's still getting worse.... more ››
November 2, 2009
Sorry Folks, Goldman Knew and Said So Early
John Carney, Clusterstock
It's time to finally lay to rest claims stretching back as far as 2007 that Goldman Sachs was peddling securities backed by at least risky home mortgages while it was secretly betting that the US housing market was in... more ››