Guess who isn’t losing money in the subprime mess
It appears that late last year several of the companies that packaged up the securitized mortgages started to divest themselves of the securities. Apparently Goldman Sachs started divesting late last year but continued to sell $6 billion worth of subprime mortgage securities.
Apparently their clients interest don’t always come first.
Related: The impact of the subprime mortgage squeeze across the U.S.,Obama Losing Voters Over FISA Support,Mortgage securitizers fiddle as Rome burns,
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Tags: Goldman Sachs, mortgages, securities, subprime
Filed under: Consumer Action Manual
Tags: Goldman Sachs, mortgages, securities, subprime
Filed under: Consumer Action Manual
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