Would you all agree with that, it would be riskier if there was no verification of income?
From my personal perspective, it is something that I would have wanted to know, because it is more of a qualitative not ...
Well, that may be what they believed, but I am asking you what should be the case.
I have a Goldman deal with subprime Fremont collateral. Fremont is not performing well.
Take a look at Exhibit 1i.
Did that trouble you?
And she was asking for help?
If you would have done them a year earlier when you had information that the market was going under and was in trouble.....
This is not accurate This is not true?
It hasn't been a pretty picture so far and I don't think it is going to improve, although, frankly, the beginning of the...
The real problem is not that the market does underweights rating quality but rather that, in some sectors it actually pe...
Was that one of the reasons that you didn't do that, Mr. McDaniel? When you didn't do that, was that shortage of resourc...
When you say, you shouldn't operate from consensus, it says that there is a strong internal emphasis on market share.
There were a lot of reasons for the 2006 loans that were going bad so quickly.
There was a message from Ms. Warner in Exhibit 87 pleading for resources.
Was that satisfactory, to have that kind of a backlog?
Were you aware in 2004 to 2006 of the growing use of no doc and low doc loans?
Our investigation has found that investment banks, such as Goldman Sachs, were not market makers helping clients.
