expose from Rolling Stone writer Matt Taibbi (Inside the Great American Bubble Machine) Taibbi identified Goldman Sachs as the father of some of our most notable modern day economic crises. He profiled a firm that handsomely profiteered over both the tech bubble and the metastasizing housing bubble.
Taibbi predicted Goldmans next big play in cap and trade. This would become our next bubble. Taibbi tagged Goldman Sachs a gangster state, running on gangster economics.
Senator Susan Collins, who is Ranking Member of the Senate Homeland Security and Governmental Affairs, and a member of the Permanent Subcommittee on Investigations, this week held a hearing to examine the role of investment banks in the securitization of residential mortgage related products, and the development, marketing, and trading of residential mortgage related structured financial products such as collateralized debt obligations (CDOs) and credit default swaps (CDS).
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expose from Rolling Stone writer Matt Taibbi (Inside the Great American Bubble Machine) Taibbi identified Goldman Sachs as the father of some of our most notable modern day economic crises. He profiled a firm that handsomely profiteered over both the tech bubble and the metastasizing housing bubble.
Taibbi predicted Goldmans next big play in cap and trade. This would become our next bubble. Taibbi tagged Goldman Sachs a gangster state, running on gangster economics.
KamikazeKoscki 1 year ago
Senator Susan Collins, who is Ranking Member of the Senate Homeland Security and Governmental Affairs, and a member of the Permanent Subcommittee on Investigations, this week held a hearing to examine the role of investment banks in the securitization of residential mortgage related products, and the development, marketing, and trading of residential mortgage related structured financial products such as collateralized debt obligations (CDOs) and credit default swaps (CDS).
JohnLloydScharf 1 year ago