Guess who isn’t losing money in the subprime mess

Posted by Nick Slade on December 6, 2007 | Permalink

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: No related posts
| | Trackback
Tags: , , ,
Filed under: Consumer Law & Policy

Leave a comment

When you post a comment on this blog, you grant us the right to modify or delete your comment, but we have no duty to do so.