Saturday, Apr 24, 2010

Hmm

Yahoo: Emails show Goldman Sachs bet on housing market decline

Goldman Sachs (NYSE: GS - news) bet on the demise of the US housing market as the economy teetered on the brink and as the firm sold mortgage-based investments to clients, company emails released on Saturday showed.

Posted by mark @ 06:41 PM (664 views) Add Comment

4 Comments

1. bystander said...

this will all be conveniently buried for the good of all.....but I hope it isn't

Saturday, April 24, 2010 07:09PM Report Comment
 

2. Crunchy said...

I told you this months ago. Catch up! It's basic 101 conspiraloon stuff. Yes, true as always.

Saturday, April 24, 2010 07:21PM Report Comment
 

3. The Baldman said...

Why are GS allowed to continue as a bank?

Saturday, April 24, 2010 09:46PM Report Comment
 

4. Jeremiah said...

Pity our own bankers were not as sharp (or ruthless) as to short the UK housing market. Otherwise they may have been happy enough to allow or even engineer a crash instead of holding the govt to ransom, bleeding the country dry in bailouts to keep house prices propped up. Otherwise we could all by now have been snapping up luvverly half-priced bargain homes.

Sunday, April 25, 2010 12:42PM Report Comment
 

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