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2.7%  Q1 GDP    4.57%  avg. 30-year mortgage     9.5%  Unemployment

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  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   StumbleUpon   Technorati   Google Buzz   Previous: First-quarter GDP rises at a 3.2 percent rate driven by consumer spending
Next: Bernanke: Look like you know what you're doing even if you don't


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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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