Do you consider that a tremendous profit?
You reduced [your] loan purchases.
You increased protection on disaster scenarios.
You shouldn't be selling junk. You shouldn't be selling crap. You shouldn't be betting against your own customer at the ...
It is important to note however that we are active traders of mortgage securities and loans.
If you think $12 billion is a small net short, the answer is, you think that is small.
So why do you end up with $2.5 billion of taxpayers' money in your pocket when we don't owe you the money?
You want to be trusted. I am glad you want to be trusted, but I think you can understand why there are a lot of folks wh...
You don't know whether TARP funds that went to AIG then came through to you?
You are not aware that your own firm argues for large AAA tranches?
Did you bet big time in 2007 against the housing mortgage business, and you did.
You said what your investments were in November 2006 and what your investments--this is on the long side now--of August ...
But the facts still are that you got $2.5 billion of taxpayers' money on a private deal.
That was taxpayers' money, Mr. Blankfein.
I don't think that is the vision that most Americans have of how this Nation and its economy should function.
You may not think a half-a-billion dollars is a lot, but the fact that you were able to get through 2007, when the bubbl...
There is a necessity that we take some regulatory steps in the conflict of interest area.
The only reason you lost money on the ACA deal was because you ended up with a piece of the long on that----