Recent Posts

Goldman Sachs bought up mortgage bonds during a wave of panic selling last month, a bet that’s almost certainly made money since the Federal Reserve unveiled massive stimulus turning a crash into a rally.

The Wall Street giant amassed mortgage-backed securities from funds that had bought them with borrowed money and needed to sell quickly, according to people familiar with the matter, who asked not to be identified because the details are private.

Goldman charged a fee for helping funds and investments trusts exit repurchase agreements and it also stood to gain if th...

Please reload

Please reload

Archive

Please reload

Tags

© 2020 by Nordic Star Law. All rights reserved. No Attorney Client Relationship.