Political Quotes

Carl Levin: “For example--presumably of your decision on directional view--during most of 2007, we maintained a net short sub-prime…”

On the recordOctober 3, 2007
For example--presumably of your decision on directional view--during most of 2007, we maintained a net short sub-prime position and therefore stood to benefit from declining prices in the mortgage market.
Said by
Carl Levin
Democratic · Michigan

Editor's note · Context

Levin highlights Goldman Sachs' strategy during the mortgage crisis.

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