FORTUNE Magazine has an interesting article about the sub-prime mess on page 120 of the October issue.
Specifically, it details Goldman Sachs GSAMP's. Actually, I found it quite interesting and explanatory of the product and packaging side of this messy event.
http://money.cnn.com/2007/10/15/markets/junk_mortgages.fortune/index.htm?postversion=2007101609
Happy reading.
Sunday, November 18, 2007
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