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Goldman Sachs (GS) CFO David Viniar unintentionally drew peals of laughter at today's hearing...

Goldman Sachs (GS) CFO David Viniar unintentionally drew peals of laughter at today's hearing when, questioned about an email that described 'crappy' mortgage assets sold by his firm, he responded, "I think that's very unfortunate to have on email." He quickly amended his statement: "I think it's very unfortunate for anyone to have said that in any form."
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Comments (3)
  • Anthony Alfidi
    , contributor
    Comments (598) | Send Message
     
    I think it's very unfortunate to have a firm like Goldman Sachs earning billions by selling garbage mortgage assets.
    27 Apr 2010, 08:01 PM Reply Like
  • nmelendez
    , contributor
    Comments (1622) | Send Message
     
    I do not mind them selling them, i mind them selling them then shorting them! You should be excluded from any earnings on shorts. If they want to short, have them buy insurance from Buffet!
    27 Apr 2010, 08:38 PM Reply Like
  • Patient Capital
    , contributor
    Comments (176) | Send Message
     
    "I think it's very unfortunate for anyone to have said that in any form."

     

    Really?

     

    It's unfortunate for anyone to be selling products they think will do poorly. Intentions matter.
    27 Apr 2010, 10:20 PM Reply Like
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