Goldman Sachs

Goldman Sachs was fundamentally

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Goldman Sachs was fundamentally responsible for the crash of 2008, but by that time its former Chairman and Chief Executive Officer, Henry ‘Hank’ Paulson, had been installed as US Treasury Secretary to begin the bank bail out policy, with enormous benefit to Goldman Sachs, in the closing weeks of the Bush administration. Goldman Sachs was … Read more

It’s easy to see

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It’s easy to see why politicians would be drawn to the populist pose. First, it makes everything so simple. The economic crisis was caused by a complex web of factors, including global imbalances caused by the rise of China. But with the populist narrative, you can just blame Goldman Sachs. David Brooks

Goldman Sachs was one

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Goldman Sachs was one of those companies whose illegal activity helped destroy our economy and ruin the lives of millions of Americans. But this is what a rigged economy and a corrupt campaign finance system and a broken criminal justice is about. These guys are so powerful that not one of the executives on Wall … Read more

This is what class

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This is what class warfare looks like: The Business Roundtable – representing Goldman Sachs, Bank of America, JP Morgan Chase and others – has called on Congress to raise the eligibility age of Social Security and Medicare to 70, cut Social Security and veterans’ COLAs, raise taxes on working families and cut taxes for the … Read more