WASHINGTON -- In 2006 and 2007, Goldman Sachs Group peddled more than $40 billion in securities backed by at least 200,000 risky home mortgages, but never told the buyers it was secretly betting that a sharp drop in U.S. housing prices would send the value of those securities plummeting.
And where is the Securities and Exchange Commission?? "Beware of the man who does not talk, and the dog that does not bark." Cheyenne