This is interesting…..
State reaches $60m subprime deal with Goldman Sachs

More than 700 Massachusetts homeowners struggling with subprime mortgages will have their monthly payments reduced - some by as much as 35 percent - as part of a $60 million settlement Attorney General Martha Coakley reached with Goldman Sachs Group Inc.

Goldman Sachs owns those homeowners’ mortgages through subsidiaries and has agreed to rewrite the terms of their loans in order to stave off legal action by Coakley. The attorney general has been investigating the role investment banks played in promoting subprime mortgages that borrowers ultimately couldn’t afford.

I suspect the John Galt crowd will flip out but it looks like a good thing to me.