You might remember my comments on the unethical, amorphous blob that is Goldman Sachs. In particular, I noted they pushed CDOs out to the marketplace while never taking a position themselves. Good for thee, not for me; just about the last thing you want to see from a major (no, the major) financial services firm. The man who condoned such behavior wound up as Treasury Secretary. Now, with the release of Goldman trader Tourre’s e-mails and testimony, it seems they did in fact take a position … against their clients.
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