Anonymous ID: 50a2f4 Aug. 16, 2018, 2:11 p.m. No.2632595   🗄️.is 🔗kun

It wasn't just RBS…

https://shadowproof.com/2010/04/27/that-timberwolf-was-one-shitty-deal/

 

In a made-for-Jon-Stewart moment, Levin asked again and again about the “shitty deal,” and Sparks tried to dodge, but the conclusion was clear – Goldman Sachs knew Timberwolf was bad, and yet not only marketed it to investors, but marketed it as a top priority.

Anonymous ID: 50a2f4 Aug. 16, 2018, 2:16 p.m. No.2632705   🗄️.is 🔗kun

https://www.cnbc.com/id/34583764Goldman was not the only firm that peddled these complex securities — known as synthetic collateralized debt obligations, or C.D.O.’s — and then made financial bets against them, called selling short in Wall Street parlance. Others that created similar securities and then bet they would fail, according to Wall Street traders, include Deutsche Bank and Morgan Stanley , as well as smaller firms like Tricadia, an investment company whose parent firm was overseen by Lewis A. Sachs, who this year became a special counselor to Treasury Secretary Timothy F. Geithner.