Now we know what that plea by Goldman Sachs to “end robo-signing” was all about. It wasn’t just the New York banking regulator, but the Federal Reserve which sanctioned Goldman over their foreclosure practices today.
|By: David Dayen Thursday September 1, 2011 1:00 pm|
|By: David Dayen Thursday September 1, 2011 8:10 am|
Lots of attention is being paid to the shuttering of Solyndra, a solar company that received federal loans from the Energy Department in the Recovery Act, and took part in a visit by the President last year.
|By: David Dayen Monday June 6, 2011 6:30 pm|
I know it’s hard to believe, but Goldman Sachs is in some trouble. They may not ultimately see indictments of their executives or massive forced payouts of a large chunk of their profits. But the well-researched, well-described Senate Permanent Subcommittee on Investigations report, which partially covered Goldman’s lies to their clients and to Congress, could have serious consequences for the firm.