Goldman: We Didn't Dupe Clients Or Bet On A Housing Bust

by Benjamin Domenech on 12:30 pm April 28, 2010

“Rather than making a big bet against housing, the gaggle of Goldman executives testifying all insisted that there was no broad strategy to profit from a deflating of the real estate bubble. Rather, the order from the top was to reduce risk by reducing or offsetting Goldman’s long position in 2006, they said.”

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