Rolling Stone on Goldman Sachs
The must-read article of the year is Matt Taibbi’s Rolling Stone expose of Goldman Sachs. If you want to know who’s getting rich at your expense, and at the expense of future generations, it’s Goldman Sachs bankers. There’s a revolving door between Goldman Sachs and Washington D.C., and when in Washington, the banksters implement policies that enrich themselves at the expense of the public. The recent Treasury and Fed multi-trillion dollar bailout debacle is only the latest example in a long history.
Go buy the new Rolling Stone. Better yet, subscribe. But if you can’t wait, you can read the article here.
P.S. Fast-forward to the end of the article to see what the latest Goldman Sachs fleece-the-taxpayers scheme is (hint: there was a vote on it in Congress today).
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June 26th, 2009 at 6:24 pm
Wasn’t Goldman’s Sach’s the best positioned investment bank going into the housing bust and also the last one to go bankrupt?
So it seems that it was nearly impossible for these firms to survive. I read Goldman sold off all it’s subprime stuff in 2007 summer so that’s why it was able to survive for so long.
June 26th, 2009 at 6:32 pm
That is the most offensive gravatar I have ever seen.
June 26th, 2009 at 8:02 pm
60 minute Blog radio interview with 2008 Libertarian candidate Mary Ruwart 11PM Eastern time (right now starting)
June 27th, 2009 at 3:49 pm
Obama issues executive order implementing executive branch indefinite detention and suspending habeus corpus rights of those he chooses.
We need a Constitutional amendment banning these executive orders. Actually we need a constitutional amendment doing away with the executive branch all together while we’re at it.
June 27th, 2009 at 5:35 pm
Romans 1:18-32. Elections have consequences. We didn’t learn our lessons, so we got the government we deserved…
June 28th, 2009 at 1:18 am
Matt Taibbi is always on Real Time with Bill Maher – arguably the smartest and hippest show on TV these days.
July 8th, 2009 at 1:40 pm
“Don’t purchase items you cant afford and save for a rainy day”. If
the American consumer followed that simple saying Goldman or any other
investment bank would not have been in a position to gain from last
years economic collapse nor any other time in history. http://www.voicedup.com/?p=682