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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated

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To: ChanceIs who wrote (17003)4/14/2011 10:46:31 PM
From: bentway  Read Replies (4) of 119360
 
"bet against the mortgage market at the same time it continued to sell mortgage-backed securities"

I just fail to understand why the selling of the mortgage backed securities, which must have been AT LEAST represented as sound, if not represented as a GREAT INVESTMENT, does not constitute fraud, since GS obviously KNEW they were a TERRIBLE investment.
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