2009-11-01 — therealnews.com
``In 2006 and 2007, Goldman Sachs Group peddled more than $40 billion in securities backed by at least 200,000 risky home mortgages, but never told the buyers that it also was secretly betting that a sharp drop in U.S. housing prices would send the value of those securities plummeting. Now, a five- month McClatchy investigation has found that Goldman's failure to disclose those secret bets may have violated securities laws.''
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tvsterling at 08:26 2009-11-02 said:
Goldman needs to have their bank holding company status revoked NOW. On the face of it their application was fraudulent. GET THEM AWAY FROM THE FREE MONEY COUNTER NOW. Permalinkcatherine at 11:09 2009-11-02 said:
PEOPLE ARE WATCHING NOW. These guys will slowly bleed out because once the hoods are off on this kind of crap these companies will find that the American people won't be AS GENEROUS AS THE SEC AND CONGRESS HAVE BEEN. Smells more and more like Iceland around here. Permalinkadd a comment | go to forum thread
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