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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?

To: The Reaper who wrote (17004)	4/14/2011 4:43:44 PM
From: Giordano Bruno	9 Recommendations Read Replies (1) \| Respond to of 119360

The head of Goldman's mortgage unit recommended managers of Goldman's sales force issue "ginormous" sales credits to those who could find investors anywhere in the world. A Goldman executive found one in Australia. On April 26, 2007, in an email with the subject line "utopia," the executive said, "I think I found white elephant, flying pig, and unicorn all at once." A month later, another Goldman executive lamented his firm's reputation after a stretch of risky mortgage deals Goldman had sold. He described debt managers that worked with the firm as "street wh— managers." businessinsider.com They are lying, cheating scum. Period.