During Paulson’s first 15 months as the treasury secretary and chief presidential economic adviser, Goldman unloaded more than $30 billion in dicey residential mortgage securities to pension funds, foreign banks and other investors and became the only major Wall Street firm to dramatically cut its losses and exit the housing market safely. Goldman also racked up billions of dollars in profits by secretly betting on a downturn in home mortgage securities. More
IT'S SIMPLE: PURE AND SIMPLE LIKE IVORY SOAP: THEFT, THEFT AND MORE THEFT... EXTORTION, BLACKMAIL, THEIVERY.
WATCH THE VIDEO AT WWW.MAXKEISER.COM
the NICE VIDEO from McClatchy News:
How Hank Paulson's inaction helped Goldman Sachs
FORECLOSURE FRAUD PARODY!!! (Before it gets taken down)