By GottaLaff
Via an e-mail, a New York Times news alert... while we pull TPC back up from the dead:
In late 2007 as the mortgage crisis gained momentum and many
banks were suffering losses, Goldman Sachs executives traded e-mail messages saying that they were making "some serious money" betting against the housing markets.
The e-mails, released Saturday morning by the Senate
Permanent Subcommittee on Investigations, appear to contradict some of Goldman's previous statements that left the impression that the firm lost money on mortgage-related investments.
Just keep siding with these guys, Rushpublics, please. That should work out quite well for you.
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