The mortgages already existed, Goldman didn’t create them.
Had nothing to do with rating them. Sorry.
posted on 08/11/2012 10:30:44 AM PDT
(Math is hard. Harder if you're stupid.)
They didn’t create the mortgages, but they did securitize them.
posted on 08/11/2012 10:42:42 AM PDT
(The Lord uses the good ones; the bad ones use the Lord.)
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