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Goldman Sachs Extorts $5.7 Billion In Worthless Mortgages From Unsuspecting Market

Last year Goldman Sachs entered into a settlement with federal and state governments over its role in packaging and selling toxic mortgage-backed securities in the housing meltdown to unsuspecting buyers while subsequently turning around and shorting those very same securities. As part of the settlement, Goldman agreed to provide $1.8 billion in homeowner debt relief… Continue reading Goldman Sachs Extorts $5.7 Billion In Worthless Mortgages From Unsuspecting Market