Goldman is selling Anderson securities to clients, but it is betting against that CDO.
Thank you so much, Senator Collins.
I think there is a clear conflict of interest when that happens.
So you guys made $3.7 billion that year.
But you ended up with $2.5 billion of taxpayers' funds.
We do.
Should Goldman Sachs be trying to sell a shi**y deal?
Wall Street is on the wrong side of this fight.
You have the responsibility to tell that client of your adverse interests.
Is there not a conflict when you sell something to somebody and then are determined to bet against that same security an...
How about the fact that you sold hundreds of millions of that deal after your people knew it was a (EXPLETIVE DELETED) d...
The evidence shows that Goldman repeatedly put its own interests and profits ahead of the interests of its clients.
one of the responsibilities of an investment bank is to go out and sell deals.
So that Standard and Poor's assigns lower ratings to lenders that are known for poor quality loans with high delinquency...
But it may have been related to this issue, is that what you are saying?
Well, I could not agree with you more.
And were you or your staff aware at the time that Moody's was working on the ABACUS rating that Paulson was shorting the...
Did she get the resources that she needed when she needed them?
