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Thursday, December 24, 2009

Banks Betting on the Housing Crash

by Calculated Risk on 12/24/2009 10:09:00 AM

I linked to this in early November ...

From Greg Gordon at McClatchy Newspapers: How Goldman secretly bet on the U.S. housing crash

And now from the NY Times: Banks Bundled Bad Debt, Bet Against It and Won

Posted by Calculated Risk on 12/24/2009 10:09:00 AM