Goldman: $460 Billion More in Credit Losses
“There is light at the end of the tunnel, but it is still rather dim”
March 26, 2008 Goldman: $460 Billion More in Credit Losses From Bloomberg : Wall Street banks, brokerages, and hedge funds may report $460 billion in credit losses from the collapse of the subprime mortgage ... via CrossingWallStreet.com
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#1 Mar 27, 2008
Wall Street banks, brokerages, and hedge funds may report $460 billion in credit losses from the collapse of the subprime mortgage market, or almost four times the amount already disclosed, according to Goldman Sachs Group Inc. Profits will continue to wane, other analysts said.
All those banking establishments that sold those adjustable mortg. deserve every penny of loss, I hope they all fold, like Country Wide, they are crooks, they don't give a shit about the American Family.
The reason we are in this mess is because of all those dishonest loans
Thats what I think!!!
#2 Mar 26, 2014
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