Category Archives: Goldman Sachs

Goldman Sachs sued again over MBS

August 19, 2011 – 9:53 AM

Bond insurer CIFG Assurance has become the latest aggrieved party to sue Goldman Sachs for misrepresenting a bunch of MBS-related securities that blew up.

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Job cuts hit hard in lending and mortgage industry

July 28, 2011 – 6:27 AM

HSBC said it will also sell, shut or slim down retail operations in 39 markets, where operations are sub-scale and unprofitable and is looking to sell its U.S. credit card arm and shrink its network of 475 U.S. branches.

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Update on SEC Goldman Sachs suit and Paulson bet

June 23, 2010 – 4:17 AM

Why is Goldman Sachs stalling on a request from the SEC? Goldman Sachs Group Inc. will have longer to respond to the high-profile lawsuit by the Securities and Exchange Commission over disclosures regarding a collateralized debt obligation tied to subprime mortgages, a judge ruled.

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