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Ulterior Agendas
11 hours ago ago from Institutional Financial Derivatives
Banks Bundled Bad Debt, Bet Against It and Won NYT In late October 2007, as the financial markets were starting to come unglued, a Goldman Sachs trader, Jonathan M. Egol, received very good news. At 37, he was named a managing director at the firm. Mr. Egol, a Princeton graduate, had risen to prominence inside the bank by creating mortgage-related securities, named Abacus, that were at first intended to protect Goldman from ...
Related contentWall Street crooks under investigation
13 hours ago ago from truthalyzer.com
In Banks Bundled Bad Debt, Bet Against It and Won, New York Times reporters describe how Goldman Sachs and other financial firms earned billions creating mortgage-related securities . . . that were at first intended to protect Goldman from investment losses if the housing market collapsed. The firms kept their increasing concerns about the risks of these investments to themselves, and even worse, decided to double down on their bets against ...
Related contentIn Maple Story how do you get that blog bubble thing so you can sell stuff like the people in the free market?
5 hours ago ago from Email marketing
yea i was just wondering how to get it cause i ahve some stuff id love to sell.please help me. Email marketing In Maple Story how do you get that blog bubble thing so you can sell stuff like the people in the free market?
Related contentThe Goldman Housing Scandal Isn't A Scandal: It's The Inevitable Result Of Having A Trading Desk
17 hours ago ago from The Business Insider: Henry Blodget
The New York Times delivers a front-page expose on the original Goldman Sachs scandal : How the firm created derivatives (synthetic CDOs) to allow investors to bet on the housing market, sold the CDOs to clients who wanted to bet on additional housing market gains, and then went short the same CDOs because Goldman believed the housing market would crash. The outcome, of course, was the same as it usually is: Goldman made a killing, on ...
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3 hours ago ago from I Was Kidnapped By Lesbian Pirates From Outer Space!!!
That last panel is how I felt during most of the drawing of this. So I ust wrote an 8,500-word short story today. It is a detective story, based in the Lesbian Pirates universe, and featuring a couple characters who've been featured before. It is tawdry and salacious and filled with forbidden passions. I'm planning to illustrate the story, and I'll put it up as a donation incentive. Right now, it's 17 pages typed on letter-sized ...
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