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News Link • Economy - Economics USA

Goldman admits it had bigger role in AIG deals

• McClatchy News (video)
Reversing its oft-repeated position that it was acting only on behalf of its clients in its exotic dealings with the American International Group, Goldman Sachs now says that it also used its own money to make secret wagers against the U.S. housing market.

1 Comments in Response to

Comment by Lola Flores
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 Groundbreaking news.  Next thing I know, y'all be telling us that the Earth is not flat. 

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