1 minute readA Senate investigations panel looking into Goldman Sachs’ role in the financial crisis subpoenaed the investment bank as early as June 30, 2009, long before securities regulators sued it for fraud, according to a congressional aide. The aide also said that the panel notified Goldman on April 5, eleven days before the action by the Securities and Exchange Commission, about who would be called as witnesses, including trader Fabrice Tourre, the only Goldman executive named as a defendant in the SEC lawsuit. The SEC has accused Goldman and Tourre of not giving investors “vital information” about a debt security created with input from Paulson & Co, a major hedge fund, which then shorted the security.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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HousingWire Mortgage Rankings have arrived, bringing data-driven benchmark to originator performance
HousingWire on Tuesday announced the launch of the HousingWire Mortgage Rankings, a new performance intelligence product designed to provide a clear, data-driven view of mortgage origination activity across the U.S. The rankings benchmark mortgage originators based on observed production, offering a standardized view of performance across geographies, loan types and channels. Historically, the mortgage industry has lacked […]
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
