Re:Why the S.E.C. didn't hit Goldman Sachs harder
by mathattack on Thursday April 21, 2016 @04:46PM
(#11545224)
They get very large fees for "securitizing the deal", or being the ones who turns a bunch of loans into something that can be traded. In the case of very complicated deals, it can be several percent for a transaction that is low-risk for the bank since they've already identified both sides of the trade.
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