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Loan Modification

: Mortgage Lender Implode-o-Meter

Debunking Goldman?s FCIC Testimony on AIG and Real Estate Shorts

By Implode-Explode Heavy Industries

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"Readers know that I have perilous little sympathy for Goldman. However, it is important that investigations focus on matters likely to hit pay dirt. And despite the sabre rattling at the New York Times and various websites on the matter of Goldman?s collateral marks, we think the ire is misguided, and this is one of the few cases where Goldman?s defense is sound. By contrast, the Commission missed other smoking guns."

Full post as published by Mortgage Lender Implode-o-Meter on July 02, 2010 (boomark / email).

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