Was any of the fundamental data in their presentation incorrect? They listed all the bonds in the reference portfolio. Were some of the bonds themselves decepti

Was any of the fundamental data in their presentation incorrect? They listed all the bonds in the reference portfolio. Were some of the bonds themselves deceptive? If so, why would Goldman just step into the middle of the transaction, instead of shorting them? You're acting as if Goldman, by virtue of being lucratively evil, had predicted the whole subprime mess. But they lost money initially, made it back on hedges, then lost other money elsewhere. If they were as well-informed as they should have been to commit this crime, they would have made far more money in 2007-9.