Tag Archives: subprime

5 ways to trim a subprime car loan rate

5 ways to trim a subprime car loan rate Can’t beat a bad credit rap in the short term? You can still shave your car loan costs. Read more on Bankrate.com via Yahoo! Finance

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Obama’s New Economic Adviser Defends Subprime Lending

Obama’s New Economic Adviser Defends Subprime Lending It has become taboo to defend anything having to do with subprime lending. Why would you? Read more on Time Magazine

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GM wants more subprime buyers; will lender agree?

GM wants more subprime buyers; will lender agree? If your credit isn’t good, General Motors Co. still wants to sell you a car. The problem is, it can’t. At least not in big numbers. That’s why the automaker wants more control over its lending again. GM’s top North American executive Mark Reuss, under… MarkReuss – [...]

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Goldman emails boast of subprime short profits

Goldman emails boast of subprime short profits Goldman Sachs officials discussed making “serious money” in 2007 off the subprime crisis as mortgages were starting to falter in rapid numbers, according to a collection of emails released by a Senate panel on Saturday. Read more on Australian Broadcasting Corporation

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Goldman officials lauded subprime profits

Goldman officials lauded subprime profits Goldman Sachs officials discussed making “serious money” in 2007 off the subprime crisis as mortgages were starting to falter in rapid numbers, according to a collection of e-mails released by a US Senate panel today. Read more on The Irish Times

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SEC Charges Goldman Sachs With Fraud in Structuring and Marketing of CDO Tied to Subprime Mortgages

SEC Charges Goldman Sachs With Fraud in Structuring and Marketing of CDO Tied to Subprime Mortgages Washington, D.C., April 16, 2010 — The Securities and Exchange Commission today charged Goldman, Sachs & Co. and one of its vice presidents for defrauding investors by misstating and omitting key facts about a financial product tied to subprime [...]

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SEC charges Goldman Sachs with fraud on CDO’s tied to subprime mortgages

SEC charges Goldman Sachs with fraud on CDO’s tied to subprime mortgages Aristide Economopoulos/The Star-LedgerThe Goldman Sachs Tower, the tallest in New Jersey, has 42 floors and is located in Jersey City on the Hudson River, photo taken November 28, 2007. The Securities and Exchange Commission charged Goldman Sachs and one of… Read more on [...]

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