From the WSJ:
Goldman is now considering releasing documents about its mortgage bets that are aimed at showing what the securities firm's officials claim is sloppy math and incomplete analysis by the subcommittee as the panel sifted through tens of millions of documents turned over by Goldman.
The information might be released soon on Goldman's website, though a decision hasn't been made yet. Even if the documents aren't made public, they could be used by Goldman to defend itself in ongoing investigations that appear to be linked to the Senate subcommittee's report.
A subcommittee spokeswoman declined to comment.
One of the most dramatic documents released by the panel is a chart showing the size of Goldman's overall long or short bets on the housing market. While those bets varied from day to day, the Senate subcommittee said Goldman had net short positions of $10.6 billion on Feb. 26, 2007, and $13.9 billion on June 25, 2007. The June 25 position was the company's biggest bet against the housing market, according to the Senate subcommittee.
Goldman now plans to contend that both figures are wildly inaccurate, claiming Senate investigators overlooked or ignored bullish mortgage trades held by the securities firm, these people said.
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