2007-07-09financialsense.com

"... why did Goldman just put out a buy rating on a company that is basically bankrupt---with massive subprime exposure apart from its failing auto / truck business ?" We note that GM has approximately 50% exposure on about $57 billion worth of subprime loans. And that's just subprime.



Comments: Be the first to add a comment

add a comment | go to forum thread