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How Goldman Bet on the Housing Crash

By James Furbush | November 1st, 2009 | 4:09 pm PST

I still don’t understand the half of it, but it sounds downright sinister when you read how they sold off their toxic assets and took out insurance, aka “credit default swaps”, to protect against a potential market crash.

Posted in: News & Politics, business
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    • This entry was posted on Sunday, November 1st, 2009 at 4:09 pm PST and is filed under News & Politics, business. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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