Status of Goldman Sachs in the last 24 hours
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Frequent failures of Goldman Sachs
Goldman Sachs CEO Lloyd Blankfein Another investment bank that participated in packaging toxic mortgage debt into securities, Goldman Sachs, led by Lloyd Blankfein, was allowed to convert to a banking holding company and received $10 billion in government funds, which it eventually repaid.
Goldman Sachs contributed to the financial crisis by selling subprime, mortgage-backed securities.
Alternative Mortgage Products, the bank's mortgage bond division, sold $12.
9 billion worth of sub-prime mortgage bonds in 2006.
Goldman Sachs has relentlessly tried to rewrite the history of the 2008 crash, pretending that it was never at risk of failure.
That is simply false.
Troubleshooting Tips
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