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
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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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