Goldman (20 billion +??) and Paulson ( hedge fund profiting ARM crisis over 20 billion + ). Paulson knows late 1990s history. It seems that he took a great advantage of the loophole in the system. Of course, he knew about the repeal of the act in 1999.
http://www.pbs.org/wgbh/pages/frontline/shows/wallstreet/weill/demise.html
http://www.progressivehistorians.com/2007/11/bill-clintons-role-in-mortgage-crisis.html
http://www.igss.ynu.ac.jp/library/collection/thesis/2002/57.htm
No comments:
Post a Comment