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subprime mortgage

Pearlstein: ‘Profitable Goldman Better for Taxpayers’

Post’s Pearlstein Gets It Very Wrong Much of [yesterday’s Senate] hearing focused on how Goldman went from having billions of dollars of exposure to the subprime mortgage market in the first half of 2006 to posting big profits from the implosion in that same market by the second half of 2007. The more benign way...
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