©2016 Bloomberg View O19FWE6JTSEP (Bloomberg View) — Banks Goldman Sachs announced earnings today, just barely squeezing some of its $5.1 billion mortgage settlement into the fourth quarter; earnings were down year-over-year because of that charge. Here is the press release. There is a lot of gloom at the banks. “Once Wall
©2015 Bloomberg View NYOLIC6KLVS1 (Bloomberg View) — Mortgages A lot of the time, when banks get in trouble, it’s not for intentional misconduct but for missing “red flags.” We talked yesterday about how Barclays was fined for failing to do proper due diligence on a transaction despite red flags like,