by | Oct 5, 2010 | Towing
Goldman Sachs Group (GS) was sued by German bank Landesbank Baden-Wuerttemberg for allegedly mis-representing the credit quality of its mortgage-backed securities.
The German bank ended up posting a $37 million loss on the investment.
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Goldman was the placement agent for a mortgage-backed security called Davis Square Funding VI, Bloomberg News said. Thirty-three percent of the…
Continue reading Goldman Sued by German Bank Over Mortgage-Backed Securities
Goldman Sued by German Bank Over Mortgage-Backed Securities originally appeared on DailyFinance on Tue, 05 Oct 2010 07:43:00.
Filed Under: Company News, People, Investing, Goldman Sachs , Credit
by | Sep 29, 2010 | Towing
Saab Automobile signed a deal to begin using BMW engines as the struggling Swedish automaker seeks to restore its profitability and prestige.
Continue reading In Bid to Revive its Fortunes Saab Inks Engine Deal…
by | Sep 22, 2010 | Towing
Daimler AG (DDAIF) denied that is in talks with Fiat SpA (FIATY) about taking over the Italian carmaker’s industrial operations.
“There are no talks on this with Fiat,” Daimler spokesman Florian Martens told Bloomberg News. “In our industry at this t…
by | Sep 14, 2010 | Towing
Google’s controversial Street View service, which has raised privacy concerns in countries around the world, got the heave-ho from the Czech Republic Tuesday after failing to file for the proper registration to operate in that …
