Goldman Sachs Agrees to Write Down Mortgage Loans

Goldman Sachs Agrees to Write Down Mortgage Loans Play

Sept. 1 (Bloomberg) -- Larry Swedroe, principal at Buckingham Asset Management LLC, and Bloomberg's Michael Moore talk about Goldman Sachs Group Inc.'s agreement to pay future Federal Reserve penalties and write down $53 million of mortgage loans in New York to gain approval for its sale of Litton Loan Servicing LP. Swedroe and Moore speak with Pimm Fox on Bloomberg Television's "Taking Scott." (Source: Bloomberg)

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