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This article (via Manan Shukla) describes some of the details of a report filed by a Senate committee charged with investigating the role of the Wall Street banks in the financial crisis. It is doubtful whether the Justice Department will pursue criminal prosecution, because its almost impossible to prove criminal intent without reading someone's mind, but if I were one of Goldman Sachs's customers who were sold mortgage securities that were known to be toxic, and which Goldman had shorted, I would look for another God, or perhaps come after them myself. According this report they even screwed Morgan Stanley for almost $1 billion on a deal that they sold to them and refused to close out while it was still falling in value because they had a short position on it. In total, according to this description of the Senate report, Goldman had a net short position in the mortgage market of $13 billion while they were pawning the stuff of to their valued customers.
Rolling Stone reports things that other news organizations do not, and it uses language and descriptions which tend to sensationalize their reporting, but if even half of this stuff is true it is one of the most heinous crimes every committed by a US corporation.
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