Required reading from "The Rolling Stone" and Mike Taibbi. He traces Goldman Sachs back from it's inception to the current level of continued swindling of the American people....the tax payer through bubble after bubble after bubble. The removal of regulation of the markets in the Clinton years offered new opportunity for those smart enough to know their way around a self-organizing democratic system. They could use "bubble" scheme after "bubble" scheme to defraud and rape the financial markets. The sad thing is....nothing has changed.
You NEED to read these articles. You need to be knowledgeabale and prepare.
Wall Street's Bailout Hustle Goldman Sachs and other big banks aren't just pocketing the trillions we gave them to rescue the economy -- they're re-creating the conditions for another crash.
The Great American Bubble Machine From tech stocks to high gas prices, Goldman Sachs has engineered every major market manipulation since the Great Depression — and they're about to do it agai.
Wall Street's Naked Swindle A scheme to flood the market with counterfeit stocks helped kill Bear Stearns and Lehman Brothers — and the feds have yet to bust the culprits
I will bookmark this and will read all of these. Thank you for posting them. Hope you are doing well.
Well they had the sec of treasury, former, in the white house so you know they were going to be too big to fail while they killed off the competition