Goldman Sachs created and sold mortgage securities to clients while simultaneously betting against the same instruments. They failed to disclose that hedge fund Paulson & Co helped select the mortgages while betting on their failure.
“All structured products were fairly presented with proper risk disclosures”
From “crazy” to confirmed
The Claim Is Made
This is the moment they called it crazy.
No one's said anything yet. Be the first to drop your take.
