According to an on-going investigation by McClatchy newspapers, in 2006 and 2007, the Goldman Sachs Group GS peddled more than $40 billion in......
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The financial industry meltdown has been the worst since the great depression. BNET Financial provides daily industry trends and news coverage with insights for managers and executives about the major financial services companies in the banking and finance sector. In addition to detailed company profiles, we bring you industry analysis on new mergers, partnerships, financial products, rates, investments, capital, and a host of other critical factors of success in the finance business.
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'Goldman Secretly Bet on the U.S. Housing Crash,' But Does It Matter?
The Atlantic - 22 days 10 hours 3 minutes ago
A barnstorming report from McClatchy Newspapers 's Greg Gordon alleges that Goldman Sachs kept selling mortgage-backed securities even as the firm...
Links from the Web Buzz:
- Yves Smith (http://www.nakedcapitalism.com/2009/11/how...)
- BooMan (http://www.boomantribune.com/story/2009/11...)
- McClatchy Newspapers (http://www.mcclatchydc.com/227/story/77791...)
- conspiracy (http://atlanticwire.theatlantic.com/opinio...)
- Dean Starkman (http://www.cjr.org/the_audit/mcclatchy_con...)
- muted defenses (http://atlanticwire.theatlantic.com/opinio...)
- John Carney (http://www.businessinsider.com/sorry-folks...)
- populist outrage (http://atlanticwire.theatlantic.com/opinio...)
- Ailing AIG Gets Good News: Benmosche to Stay
- Banks Failing at Fastest Rate Since S&L Crisis
- Sun Life Doing Robust Business in Variable Annuities
- Zions Bancorporation: Shareholder Confidence Runs High, But The Worst Is Not Over Yet
- Will Sun Life President Boscia Pay a Call on His Former Company?
- Midsize Banks Have Worst Credit
- Is Manulife Stock 'Depressed?' Ask the Lady in the Bikini
- AIG: Help Wanted, But Will Anyone Apply?
- State Farm Is Warming Up to Florida
- Underrated: S&P, Moody's, Fitch ... and PIMCO
- Geithner's Not Going
- Barney Frank Aide Blasts Media Report Alleging Lack of Progress on Financial Reform
- Goldman Sachs, Shareholders Just Can't Get Along
- Geithner: Guilty Until Proven Innocent in AIG Debacle
- ECB President Cautions Interest Rate Hike, But Banks Are Ill-Prepared
- As Income Mobility Falls, American Dream Fades
- Lawmakers Push Bill to Monitor Fed Lending Programs
- Eugene Fama Drinks His Own Brand of Kool-Aid
- Roubini Warns of New Financial Crisis
- Ex-Wells Fargo Loan Officer Details Shady Practices
- Bank of America, JPMorgan Chase are too Late in Moving to Curb Overdraft Fees
- Civil Rights Group Teams With Wells Fargo Despite Charges of Predatory Lending
- State Farm CEO Rust: Effective But Not Greedy
- As Income Mobility Falls, American Dream Fades
- Creative Destruction and the new Money Trust
- Geithner Deal With Wall Street Over AIG Swaps Cost Taxpayers $13 Billion
- Civil Rights Group Teams With Wells Fargo Despite Charges of Predatory Lending
- Senator Dodd Is Saving Lenders From Themselves
- Citigroup Hit With Huge Credit Loss
- FDIC Chief Sheila Bair to Treasury Brat Geithner: Nyah!
- Private Equity Firms About To Gear Up The Small Banking Sector
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