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Goldman Sachs Messages Show It Thrived as Economy Fell

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Sheila Samples
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In late 2007 as the mortgage crisis gained momentum and many banks were suffering losses, Goldman Sachs executives traded e-mail messages saying that they would make "some serious money" betting against the housing markets.
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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.

Related Topic(s): Goldman Sachs; Housing; Markets, Add Tags

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