Saturday, Apr 17, 2010
The blame game
The New York Times: A Wall Street Invention That Let the Crisis Mutate
In recent months, something more troubling has begun to emerge. In December, Gretchen Morgenson and Louise Story of The New York Times exposed the role that some firms, including Goldman Sachs and Deutsche Bank, played in putting together investment structures — synthetic C.D.O.’s, they were called — that were primed to blow up.
Posted by devo @ 07:27 AM (515 views) Add Comment
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