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Goldman Sachs To Escape Almost All Responsibility For Causing Recession

By Ironman (134/142 = 94% civil)   2013 Jan 8, 6:12am   ↑ like   ↓ dislike   850 views   4 comments   watch (1)   share   quote  

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

#housing

Comments 1-4 of 4     Last »

1   C Boy   2013 Jan 9, 10:25pm  ↑ like   ↓ dislike   quote   top   bottom   home   share  

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.

2   Lam   2013 Jan 10, 2:03am  ↑ like   ↓ dislike   quote   top   bottom   home   share  

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.

3   fedwatcher   2013 Jan 12, 2:26pm  ↑ like   ↓ dislike   quote   top   bottom   home   share  

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

4   Entitlemented (19/19 = 100% civil)   2013 Jan 12, 2:27pm  ↑ like   ↓ dislike   quote   top   bottom   home   share  

So is it feasible that Tim goes back to GS?

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