Day

June 27, 2009

Goldman Sachs, Culprit

Regulatory Capture — Exhibit A Goldman Sachs made out on the housing bubble twice: it f—ed the investors who bought their horsesh-t CDO’s by betting against its own crappy products, then it turned around and f—ed the taxpayer by making him pay off those same bets. –Matt Taibbi, “The Great American Bubble Machine”; Rolling Stone...
Read More

Archives