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.

Topics:  goldman   sachs    co   senate   key   mortgage meltdown   financial   documents   

 

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