Replies to post #326246 on Fannie Mae-No Politics (FNMA)

[955]

A GOLDMAN SACHS smorgasbord!

You would never know that Goldman Sachs reportedly spent millions shorting the mortgage market in a similar manner to the traders in the movie, even while it was aggressively selling those same securities to clients. Though the “revolving door” between the public and private sectors is mentioned as a possible cause for regulatory inaction, the film doesn’t go into specifics about the very powerful government connections that some say saved Goldman Sachs from going the way of Lehman Brothers.

In a sense, the Washington-Wall Street binary is a false one. That is a distressing story Hollywood has yet to put on film.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119873342


GOLDMAN SACHS: "THE GREAT AMERICAN BUBBLE MACHINE"
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119858026

"WHY I AM LEAVING GOLDMAN SACHS", "A LIST OF GOLDMAN SACHS TIES TO THE OBAMA GOVERNMENT-INCLUDING ELENA KAGAN", "GOLDMAN SACHS' ALL-STAR ALUMNI", "THE GUYS FROM 'GOVERNMENT SACHS'", "GOLDMAN SACHS' GLOBAL COUP D'ETAT"
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=112970173

[Donotunderstand]

Yes

First such review I read and I am so glad that F and F were not made out the super bad guys. Apparently Walliston (?) did not get to edit the script

And for those who read slowly enough - it should by now be clear which party is more likely to help the GSEs

(hint - it is not those who SELECTIVELY ((issue by issue)) yell Rule of Law from the halls of Congress)

The author has a fine grasp of what happened IMO (and IMO rightfully says there were goals for low income - but it is a rounding error in the big picture ((""there isn’t much happening there"")