Home > financials > Goldman Now Sitting on a Commercial Junk Pile

Goldman Now Sitting on a Commercial Junk Pile

August 6th, 2009

Matthew Goldstein submits:

Goldman Sachs (GS), as I’ve pointed out before, has done a good job reducing its exposure to commerical mortgages by selling off potentially troublesome loans well ahead of the curve.

But it appears what’s left in Goldman’s commercial mortgage bin is all but untradeable, if not potenially toxic.

Complete Story »

admin financials

Comments are closed.