EP 298 – Goldman Sachs Strikes Again

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NCS 298 | Goldman Sachs

  Goldman Sachs strikes again. They’re generating a close on another large portfolio of nonperforming notes from Fannie Mae. They bought a tremendous amount of 11,000 loans with $1.64 billion in unpaid balance. What does that mean to us? What does this mean to Goldman Sachs and what is the overall underlying ripple effect across the note industry? You’ve got to realize is Goldman Sachs got banged up really bad for a nasty $5 billion … Read More