Blankfein says Goldman didn’t bet against clients Goldman Sachs Group Inc chief executive Lloyd Blankfein, in written testimony prepared for a Senate hearing on Tuesday, said his firm did not have a “massive short” against the housing market and “certainly did not bet against our clients. Read more on Reuters via Yahoo! News
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NAACP Ends Mortgage Lawsuit Against Wells Fargo
NAACP Ends Mortgage Lawsuit Against Wells Fargo CHARLOTTE, N.C. (AP) — The NAACP is ending its lawsuit against Wells Fargo that alleged the bank was forcing blacks into subprime mortgages while whites with identical qualifications got lower rates. Read more on BlackNews.com