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nikkinewsnet
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The People vs. Goldman Sachs. Shortest version: Goldman Sachs helped create the financial crisis, they knew they were doing it, they decided to make a profit on it, and then they lied to Congress about it. Don't blame this one on Bush - the financial deregulation started under Clinton, and the current Department of Justice has curiously decided not to go after any of the perpetrators. Money quote: To recap: Goldman, to get $1.2 billion in crap off its books, dumps a huge lot of deadly mortgages on its clients, lies about where that crap came from and claims it believes in the product even as it's betting $2 billion against it. When its victims try to run out of the burning house, Goldman stands in the doorway, blasts them all with gasoline before they can escape, and then has the balls to send a bill overcharging its victims for the pleasure of getting fried. Current Mood: angry
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