UPDATE 1-Goldman sees higher credit losses on mortgages

Story date: 2007-10-10 02:46:00
Added on: 2007-10-11 05:00:56

Reuters - The assets, which include corporate debt and subprime mortgages, are seen as risky because they trade infrequently, preventing companies from gathering reliable market prices. In the second quarter, Goldman Sachs held $54.1 billion in Level 3 assets ...


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