Relevant:
- Did Lloyd Blankfein Misunderstand Goldman's Mortgage Bets?
- Blankfein Defends Goldman Sachs Against Breakup Advocates
- Goldman CEO Sees Regulatory Action on Subprime Crisis
- Goldman Sachs CEO Lloyd Blankfein Gets Catty Like The Women From Dynasty
- S.E.C. and Justice Dept. End Mortgage Investigations Into Goldman
2007-11-13 — yahoo.com
"Goldman Sachs heartened investors with word that it didn't expect a significant hit from the subprime mortgage turmoil. Goldman Chief Executive Lloyd Blankfein, speaking at a conference held by Merrill Lynch & Co., said the bank has a short position in the subprime mortgage market and won't be taking any significant charges to write off losses." -- At least not until they're forced to break out Level-3 assets?
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