NR-1 Sinkhole NR-1 Sinkhole The NR-1 Sinkhole is a giant underwater sinkhole located in the Straits of Florida southwest of Key West, Florida. It is found at an approximate depth of of water at the foot of the Pourtales Escarpment, an area of Quaternary sediment. It was discovered in October 1994 during a survey conducted by the American submarine NR-1, a U.S. Navy nuclear research submarine, and is named for the submarine. It was first identified via side-scan sonar and near-bottom echo sounder data, prompting a second survey in May 1995 to confirm the finding. Discovery of the NR-1 Sinkhole prompted scientific
Wall Street and the Financial Crisis: Anatomy of a Financial Collapse report, Goldman said "While we disagree with many of the conclusions of the report, we take seriously the issues explored by the subcommittee. We recently issued the results of a comprehensive examination of our business standards and practices and committed to making significant changes that will strengthen relationships with clients, improve transparency and disclosure and enhance standards for the review, approval and suitability of complex instruments." In another press release, Goldman claimed that they " did not have access to any special information that caused us to know that the U.S. housing market would collapse." They claimed they had no