A Glimpse Into Goldman Sachs’ ETF Holdings

By: ETFdb
The year is 2007, and while markets seem healthy on the surface, behind the curtain a financial crisis is looming. Slowly but surely, the sub-prime mortgage crisis was building as highly levered institutions were lending, almost at will, to anyone who could open a line of credit, leading to numerous defaults and setting off the worst recession in U.S. history. All the while two traders at Goldman Sachs had been shorting mortgage-backed securities, and were eventually responsible for $4 billion in profits during these tumultuous times. Though allegations eventually came to surface that Goldman was both supporting these securities to clients and simultaneously shorting them behind closed doors, the not-so-honorable actions of Goldman Sachs have kept it afloat, and helped it continue to be the bellwether leader in the financial world. Plain in simple, ethics may not always be the main priority at Goldman, but they certainly know their way [...] Click here to read the original article on ETFdb.com. Related Posts: Free ETF Trading: Comparing All The Options ETF Moneymakers: Some Surprising Stats Fidelity To Offer Commission-Free Trading On 25 iShares ETFs Low Cost ETFs: Complete List Of The Cheapest Exchange-Traded Funds Chrales Schwab ETFs: Uphill Battle Ahead
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