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Loan Modification

: Mortgage Lender Implode-o-Meter

Goldman Clashes With Senate?s Levin Ahead of Blankfein Hearing

By Implode-Explode Heavy Industries

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"Levin, a Michigan Democrat who leads the Senate?s Permanent Subcommittee on Investigations, posted internal Goldman Sachs e- mails on his website yesterday that he said show the firm ?made a lot of money by betting against the mortgage market.? Goldman Sachs responded with documents indicating the firm lost money on mortgages in 2008 and that executives didn?t know the market would fall."

Full post as published by Mortgage Lender Implode-o-Meter on April 24, 2010 (boomark / email).

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