Wednesday 28 April 2010

Goldman in the dock

The current court action against Goldman Sachs is the equivalent of going after Dr Mengele for an unpaid parking ticket. GS are at the heart of the syndicate running the financial crisis. Whatever stone you pick up, be it AIG, the Greek situation or any boom and bust bubble you will find a Goldman snake slithering off.

So maybe the top guys will let one of their underlings get burned, but there's a bigger game being played here.

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