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Even even worse, Goldman bragged over it in public. "The mortgage sector carries on to be challenged," David Viniar, the bank's Main money officer, boasted in 2007. "Subsequently, we took substantial markdowns on our extended stock positions … Nevertheless, our threat bias in that sector was to get shorter, Which Web brief situation was successful
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If the final fund in the line starts to lose value, you no more have The cash to pay for back your buyers, and everyone gets massacred.
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