A report by the Senate’s Permanent Subcommittee on Investigations outlines the findings of a two-year probe. Among the findings were that Goldman Sachs profited from the financial crisis by betting billions against the subprime mortgage market, then deceived investors and Congress about its conduct. Other culprits cited by the panel are Washington Mutual, the Office [...]
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2 Banks Fail so Far Friday
October 16th, 2010
davidguide The Missouri Division of Finance just closed down a $92 million institution. The Office of Thrift Supervision just seized an $0.5 billion bank in Kansas. Look for a story this weekend about the two bank failures as well as the rest of today’s seizures. View full post on Mortgage Stories
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