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Goldman Sachs To Escape Almost All Responsibility For Causing Recession


By Ironman   Follow   Tue, 8 Jan 2013, 6:12am PST   639 views   4 comments   Watch (1)   Share   Quote   Permalink   Like   Dislike  

Goldman Sachs Group Inc. (GS), Morgan Stanley and two other banks may agree as soon as this week to settle claims over botched foreclosures in an accord similar to one reached with 10 loan servicers yesterday, two people briefed on the discussions said.

The agreement, also involving HSBC Holdings Inc. (HBC) and Ally Financial Inc. (ALLY), would end case-by-case reviews of foreclosures under earlier accords with the biggest mortgage servicers, said the people, who declined to be identified because the talks are private. The Federal Reserve-led discussions specified at least $1.5 billion in cash and assistance for borrowers, one of the people said.

http://www.bloomberg.com/news/2013-01-08/goldman-sachs-said-to-be-part-of-fed-led-foreclosure-settlement.html

Comments 1-4 of 4     Last »

C Boy   befriend   ignore   Wed, 9 Jan 2013, 10:25pm PST   Share   Quote   Like   Dislike     Comment 1

Is there anything Goldman can't do and get away with?

Bankers make our justice system into a complete mockery.

They will eventually destroy our country.

Lam   befriend   ignore   Thu, 10 Jan 2013, 2:03am PST   Share   Quote   Like   Dislike     Comment 2

C Boy says

Is there anything Goldman can't do and get away with?

Bankers make our justice system into a complete mockery.

They will eventually destroy our country.

Goldman Sachs are just doing G_d's work, according to Blamkfein.

fedwatcher   befriend   ignore   Sat, 12 Jan 2013, 2:26pm PST   Share   Quote   Like   Dislike     Comment 3

Goldman has already destroyed our country. We just have failed to recognize it.

Entitlemented   befriend   ignore   Sat, 12 Jan 2013, 2:27pm PST   Share   Quote   Like   Dislike     Comment 4

So is it feasible that Tim goes back to GS?

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