Posted by & filed under Part 6 Managing Financial Resources.

Description: Goldman Sachs officials knew their bets against mortgages, whose dramatic decline sparked the financial crisis, profited the firm, according to documents released Saturday by a Senate panel investigating the crisis.

Source:  CNNMoney.com

Date: 04/24/2010

Link:  http://money.cnn.com/2010/04/24/news/companies/Goldman_Senate_documents/index.htm
 

Questions for discussion:

  • Do you think Goldman did anything wrong? Explain your thinking.
  • Should there be more or less government involvement in the financial services industry?

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