Goldman Sachs: Making Money by Stealing It
by Stephen Lendman
Global Research Canada, March 17, 2012
Money power in private hands and democracy can't co-exist. Wall Street crooks transformed America into an unprecedented money making racket.
Money power in private hands and democracy can't co-exist. Wall Street crooks transformed America into an unprecedented money making racket.
Goldman symbolizes master of the universe of financial manipulation (Reuters April 16, 2011) It's been involved in nearly all financial scandals since the 19th century.
It makes money the old-fashioned way, through market manipulation, the scamming of investors, bribing political Washington, having its executives in top administration posts, and getting open-ended low or no interest rate bailouts when needed.
It's business model and culture assure billions of bonus dollars for company officials, complicit traders, and others on the take.
Compared to Goldman, Bernie Madoff was small-time.
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