Matt Taibbi makes another must read article on how we all got taken to the cleaners by the banks. You may feel you did not lose any money personally, but every single one of us lost in one way or another.
As Taibbi states on page 5:
To recap: Goldman, to get $1.2 billion in crap off its books, dumps a huge lot of deadly mortgages on its clients, lies about where that crap came from and claims it believes in the product even as it's betting $2 billion against it. .......When its victims try to run out of the burning house, Goldman stands in the doorway, blasts them all with gasoline before they can escape, and then has the balls to send a bill overcharging its victims for the pleasure of getting fried.
| File | Description | File size |
|---|---|---|
 Matt Taibbi Rolling Stone | The Peolpe v Goldman Sachs | 421 Kb |
