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Do you think that Goldman Sachs sold any bad invenstments in the RE Market.

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Ray Miller

Thread Starter
Elite Member
Joined
Feb 20, 2002
Professional Status
Licensed Appraiser
State
Wisconsin
Do you think that Goldman Sachs sold any bad invenstments in the RE Market to other world banks??

If so could they become part of the bailout as well???

Should we bail out other nations and world banks in this mess?

If so why and if not why?

Could Treasury be trying to cover Goldman Sachs in the world market?
 

Restrain

Elite Member
Joined
Jan 22, 2002
Professional Status
Certified General Appraiser
State
Florida
Actually, there is word that Treasury has contacted banks outside the US to try to prop them up as well.
 

stefan olafson

Senior Member
Joined
Apr 2, 2003
Professional Status
Certified General Appraiser
State
North Dakota
Some days I'm very sad that my fight against the wrong doings of the ND Appraisal Board have left me close to bankruptcy!

Because of my fight I've spent my kids college funds, my inheritance, and all my retirement savings, so what is happening now in the financial markets is not affecting me.

I'm worried what the winter will bring, with credit tightening up and lenders shying away from all but the best quality customers, what will happen to our profession?
 
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