McClatchy Expose Reveals How Goldman Sachs Sold Off Billions in Mortgage Securities After Anticipating Housing Collapse
Wednesday, November 4, 2009 :A five-month investigation by McClatchy Newspapers has revealed that Goldman Sachs made secret bets against the housing market while simultaneously selling off billions in soon-to-be worthless securities. In 2006 and 2007, the bank reportedly peddled more than $40 billion …

NI betting tycoon Steinberg dies
The Belfast-born businessman Leonard Steinberg has died, aged 73.

Expect to See a Short-Term Gold Pullback
Andrew Hart submits: Here we are again with another highly anticipated FOMC announcement due out this afternoon and the market is showing signs of strength. Generally, you can see pre-fed sector leaders emerge post-fed statements. If this rings true today, Technology will lead us down or Basic Materials …

Low Road to High Finance: McClatchy Expose Reveals How Goldman Sachs Sold Off Billions in Mortgage Securities After Anti…
Gordongs-web A five-month investigation by McClatchy Newspapers has revealed that Goldman Sachs made secret bets against the housing market while simultaneously selling off billions in soon-to-be worthless securities. In 2006 and 2007, the bank reportedly peddled more than $40 billion in securities …

HP takes converged infrastructure a notch higher with new data warehouse appliance
HP isn’t just betting on a market whim. Recent market research it supported reveals that more than 90 percent of senior business decision makers believe business cycles will continue to be unpredictable for the next few years — and 80 percent recognize they need to be far more flexible in how …

Wells Pick-A-Pay Plan Poses Risk
Wells Fargo is accepting interest-only payments on some riskier mortgages, betting a recovery in the economy will eventually pick up the slack.