"Goldman, famously, made a lot of money selling securities backed by subprime mortgages — then made a lot more money by selling mortgage-backed securities short

"Goldman, famously, made a lot of money selling securities backed by subprime mortgages — then made a lot more money by selling mortgage-backed securities short" I haven't heard this before (admittedly i don't keep up very well) but if its true, Its brilliant. It reminds me of a 12 year old kid playing bumper bowling except he's aware of how to use the bumpers to guide the ball into the strike zone.