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Goldman Sachs day

April 29, 2010
Brasscheck TV
4/28/2010

It’s been a long time in coming, but Goldman Sachs has finally been called to answer questions about the way it does business.

Unfortunately – and predictably – the Senate sub-committee was unprepared and wasted an opportunity.

Facts of life:

  • Goldman has a multi-decade history of fraud going back to the 1920s
  • Goldman was one of the ring leaders of the DotCom IPO scam of the 1990s
  • By being willing to package and re-sell total garbage real estate loans, Goldman & other banks massively inflated real estate prices, defrauded investors all over the world, and brought the world financial system to the brink (and we’re not out of the woods yet.)

Criminals…and if they didn’t own the last three White Houses, some of them would be in jail.

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