Goldman: We Didn't Dupe Clients Or Bet On A Housing Bust
As Wall Street swooned and the Senate turned up the heat, Goldman Sachs emerged as a survivor, with its shares up $1 on Tuesday. Facing charges of ethical lapses from both sides of the political aisle, Goldman executives presented a logical, if not quite airtight, self-defense. Selective leaks ahead of the Senate investigative panel hearing suggested that Goldman had gone massively short on housing, reaping $3.7 billion in 2007 and betting against
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