Goldman's Commercial Real Estate Gambit | WHAT REALLY HAPPENED


Goldman's Commercial Real Estate Gambit

And much to everyone else’s chagrin, Goldman even made money off the housing meltdown when some of its hedges — specifically a bet that a subprime mortgage index would plunge — paid off handsomely.

It appears Goldman is following a similar script with U.S. commercial real estate, the next big asset class that many believe is on the verge of disaster.

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