Video: Goldman Sachs is a market-maker. What is that?
"Market-maker." You've heard the term a lot in recent days and weeks. Goldman Sachs says it is a market-maker. The SEC says Goldman committed fraud when creating one particular market in sub-prime mortgage securitizations.
But what exactly is a market-maker? Watch the video and find out.
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By
Frank Ahrens
|
April 30, 2010; 10:00 AM ET
Categories:
Corporations
,
The Ticker
,
Video
| Tags: Allegedly Unethical Firms, Business, Fabulous Fabrice Tourre, Fraud, Goldman Sachs, Lloyd Blankfein, SEC, Subprime lending, Wall Street, market maker, video
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Posted by: itkonlyyou38 | May 3, 2010 10:40 AM | Report abuse
Don't plot against your own market and never bet against your life or wife. Life's ifs.
Posted by: tossnokia | May 3, 2010 12:26 PM | Report abuse
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