All Posts Tagged With: "Goldman Sachs"
Morgan Stanley To Pay $102 Million For Mortgage Role In Massachusetts
Massachusetts Attorney General Martha Coakley has announced that Wall Street titan Morgan Stanley will pay $102 million to settle for its role in creating a market for subprime mortgages in the state. The settlement includes $58 million to roughly 1,000 homeowners. “This has become an all-too-familiar pattern in which the deceptive practices of Wall Street [...]
25Jun2010 | Peter G. Miller | 0 comments | Continued
Mortgages: The Hearing Washington Won’t Have
Yesterday was the big showdown on Capitol Hill, Goldman Sachs versus the universe. The universe won. In testimony before the Senate Permanent Subcommittee on Investigations various officials from Goldman Sachs responded to an assortment of allegations and outrage regarding their part in the sale of mortgage-backed securities. In basic terms, the folks from Goldman explained [...]
28Apr2010 | Peter G. Miller | 0 comments | Continued
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