Sunday, April 25, 2010

Goldman Sachs e-mails show bank sought to profit from housing downturn

Goldman Sachs e-mails show bank sought to profit from housing downturn: "Sen. Carl Levin (D-Mich.), chairman of the Permanent Subcommittee on Investigations, said four internal e-mails released Saturday contradict Goldman's assertion that it didn't seek to profit from the housing downturn. 'Goldman made a lot of money by betting against the mortgage market,' Levin said."

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