Goldman blasted for conflicts of interest
By Ben Rooney, CNN Money staff reporter
April 14, 2011
NEW YORK (CNNMoney) -- A Senate panel issued a scathing report Wednesday that describes Goldman Sachs as a "case study" of the recklessness and greed on Wall Street that set off the 2008 financial crisis.
My comment...
So, finally Goldman Sachs and its CEO, Lloyd "We're doing God's work" Blankfein are cited in a Senate report as a "case study of the recklessness and greed on Wall Street that set off the 2008 financial crisis." Now let's see if there are any actual criminal prosecutions to follow.
TheNewGildedAge.blogspot.com This blog focuses on the growing inequality of income and wealth in the U.S. As Warren Buffett said in 2008: “There's class warfare, all right, but it's my class, the rich class, that's making war, and we're winning.”
No comments:
Post a Comment