Unstructured Finance

Mr. Geithner and the politics of condemnation

June 12, 2012

Matthew Goldstein and Jennifer Ablan

The idea of using eminent domain to help out homeowners who are underwater on their mortgages isn’t necessarily a new one.

Goldman sells China

June 1, 2009

Goldman Sachs, putting together the pieces of its TARP repayment, is taking a page from Bank of America’s book and selling off at least some of its China exposure. The stake of Industrial and Commercial Bank of China is being sold at a discount and should raise $1.9 billion – or about a fifth of what it owes in TARP.