Mortgage Security News Today

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A...

Look into it. meanwhile, we are looking into all these e-mails, 20 million pages of e-mails. >> thats a lot of e-mails. >> first of all, i want to show you some of them from lloyd blankfein, the ceo of goldman sachs. they have a lot of different positions. first of all, from lloyd blankfein, betting on the mortgage mess. of course, we didnt dodge the mortgage mess. we lost money and then we made more than we lost because of shorts. although it is not over. so who knows how it will turn out ultim...

Mortgage market to heavily influence the mortgage security to include an investment portfolio while telling the other investors that it was selected by an independent third party. goldman says this is unfounded, that they will vigorously contest this. friday was the fraud charge. it is still ricocheting around the world. futures are expected to be lower. wall street is unnerved by all of this. >> and we have something thats jermaine to all of this. >> $36 million. $36 million a day. >> is how mu...

This all involved mortgage-backed securities, and investments in mortgage-backed securities in an investment pool put together to track investment securities. on the one hand goldman put together investors. they were buying into the investment based on the mortgage security in subprimes, and not high quality mortgages, okay? and then on the other hand goldman was doing business with a giant hedge fund, paulson and company, and that firm was betting against some of the securities. goldman told th...

To be out there. there is the ability to have an end-user exemption on commercial users. and i think when you look at what those orange growers or those natural gas folks or anybody else that is a commercial end-user thats using 100%. that theyre using that to deal with 100% of their commercial risk. as opposed to speculation or anything else. then theyre going to find that theyre okay in this bill. >> why shouldnt an end-user have to buy their derivatives on an exchange just like end-users of e...

Both fundamentally know. we used one example yesterday with senator dorgan with the orange juice crop and how an orange juice farmer might use a derivative 0 to hedge the price at which he or she might sell their oranges, so if theres a big freeze or frost, that theyre able to protect it. its like an insurance policy on the weather for an orange grove or price volatility for heating oil. those types of derivatives are very beneficial to all of us. at the same time, there are the other deployment...

Left four americans dead as well. the justice department announcing it will not prosecute goldman sachs. what has been alleged a fraud in the 2008 financial crisis. they are concluding there is not enough evidence in the company. they investigated allegations brought to life by the senate panel among the claims they have mortgage security to investors but fail to do reveal they were risky. they insisted the company didnt bet against his clients. goldman loss 1.2 billion in the mortgage melt down...