Sonoma Coast Real Estate is a forum for discussion on what's happening on our beautiful coastline. While real estate is the core topic, anything that happens on the Coast affects it so feel free to discuss whatever is important to you and eventually we might actually evolve this forum into something specific. If you'd like to discuss any of this in real time, please contact us directly at at info@coastalagent.com.
20 April 2010
How Goldman Sachs Did It
Read this article about a company called Magnetar from ProPublica. It's shocking how bold some of these companies were/are. One company sells a financial product that was influenced by another company that bet on that product's failure - making money on both sides. This is the same process that Goldman Sachs is being accused of performing. Every week it's getting clearer and clearer how we ended up in this mess...
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