Comment on Goldman played key role in mortgage meltdown, Senate investigators say

Goldman played key role in mortgage meltdown, Senate investigators say

Citing company documents, investigators say the financial giant used its good reputation to sell toxic mortgage-related securities to investors and then bet against the overheated market it created. In its aggressive pursuit of profits, Goldman, Sachs & Co. became a key enabler of the mortgage meltdown that triggered the global financial crisis, Senate investigators said Monday as they released new documents detailing the bank's controversial actions.

 

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