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(Image from article: "Goldman Sachs e-mails show bank sought to profit from housing downturn")

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Goldman CEO: We didn’t bet against clients

Goldman Sachs CEO Lloyd Blankfein, in written testimony prepared for a Senate hearing on Tuesday, said his firm "certainly did not bet against our clients."

Goldman Sachs e-mails show bank sought to profit from housing downturn

A Senate investigation into the financial crisis has found that Goldman Sachs, the storied Wall Street investment bank, sought to profit from the historic decline in housing prices by betting against the US mortgage market.

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