Tag Archives: big-companies

How Goldman Sachs made money from the sub-prime mortgage crisis

Last year, as I am sure you have heard, there was some trouble in the U.S. sub-prime mortage market. Lots of financial companies on Wall Street lost billions, except Goldman Sachs (WSJ article, Guardian article). Bloomberg.com columnist Michael Lewis draws an interesting conclusion from this: I can’t think of another example of a big Wall […]