Senate probe: Goldman misled clients, nation — and made billions

By Greg Gordon and Chris Adams
April 26, 2010

WASHINGTON — Goldman Sachs reaped “billions and billions of dollars” by betting on a housing market crash in 2006 and 2007, but the secret wagers put the firm in conflict with the interests of clients who were still buying its risky mortgage securities, Senate investigators said Monday.


via Senate probe: Goldman misled clients, nation — and made billions | McClatchy


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