It was sold by Goldman Sachs (Charts, Fortune 500) - GSAMP originally stood for Goldman Sachs Alternative Mortgage Products but now has become a name itself, like AT&T and 3M.

This issue, which is backed by ultra-risky second-mortgage loans, contains all the elements that facilitated the housing bubble and bust. It's got speculators searching for quick gains in hot housing markets; it's got loans that seem to have been made with little or no serious analysis by lenders; and finally, it's got Wall Street, which churned out mortgage "product" because buyers wanted it. As they say on the Street, "When the ducks quack, feed them."

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一﹑太公小氣鬼﹐捨不得買記憶卡﹐把聯網當資料儲庫﹔本文如許多文章﹐本擬私藏不發表﹐往日都沒被截殺﹐只是今日被『漂亮』小娃當先擊中﹐這是否能再『師父留兩手』﹖

　　嗯﹗這篇原文蠻長的﹐寫得精要﹐引人共鳴人生經驗﹐是篇白話文﹐讓人馬上了解當前股市興起風暴的運作過程和因果﹐值得公佈醒世。太公只錄一段重點﹐但不願被誤解為我有意影射聯網有此類雞鴨﹐所以還是再考慮吧﹗

二﹑聯儲會今晨宣佈緊急賣公債（﹖）﹐公然龜避事先諮商﹑公告手續﹐違反美國政府『正當程序法』﹐算是行政權的緊急權行使嗎﹖值得研究哦﹗聯儲會大哥下這一步棋﹐是符合總体經濟學說的『吸金抽資』﹐主在管控通澎才對﹖還是這一整天﹐美國記者的雞鴨攤賣的文宣﹐說成是『送錢到美國銀行』﹖太公直覺日本股市專家對﹐東京股市聞聲下挫﹐不像英國的股市﹐應聲配合上揚。但不想煩心﹐明晨秘書報告可也。

三﹑美國股市不理聯儲會開市前的『五國售債聲明』﹐開高後一路走低﹐到下午四點三十左右﹐道瓊滑落一百五十點﹐史坦普漲九點﹔至此﹐太公的股價看板就結束﹐沒有下聞。嘿﹗不對勁﹐其他一般溜灠器如雅虎﹐總是說今天收盤﹐道瓊上漲四十一點一三﹐細看﹐哦﹖終場前最後一局﹐資金擁入大漲﹖那方的錢﹖誰是小戶魚肉﹖誰是大戶刀俎﹖