Litton Loan Servicing, Goldman Sachs’ little mortgage servicer, may be on the auction block. The Financial Times reports that a buyer approached Goldman about a potential deal, but talks soured over price. But sources also told the FT that Goldman doesn’t consider Litton Loan part of its core business.
To Goldman, Litton Loan may Read More
“The first thing that needs to happen, I think, is to get these people out of their homes,” a man wearing a bespoke blue-striped shirt, a Hermés tie patterned with elephants and Ferragamo loafers said recently. “Correct! I’ll explain,” the veteran member of a bank restructuring and advisory team said.
Amid evidence of sham documents Read More
When The Observer profiled Goldman Sachs spokesperson Lucas Van Praag in February, the bank’s communications had been consistently ferocious, prim, dismissive, and gloriously debonair. Mr. van Praag had gone on the record, for example, denouncing criticism of the bank with the phrase “chimera produced by a febrile mind.” So when his responses in today’s Read More
