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Business

Crocodile Tears on Wall Street
Business  (tags: oligarchy, wall street, economic meltdown, credit default swaps, housing bubble, regulators, SEC, Magnetar, corruption, dishonesty )

Judy
- 1655 days ago - salon.com
With all due respect, we can only wish those Tea Party activists who gathered in Washington and other cities this week weren't so single-minded about just who's responsible for all their troubles, real and imagined. They're up in arms, so to speak, agains
In Letter to Shareholders, Goldman Sachs Denies Wrongdoing, But Is 'Grateful' for Gov't Money
Business  (tags: Goldman Sachs, shareholders, record profits, bank bailouts, credit default swaps, AIG, Securities Industry and Financial Market, SIMFA, Dodd, Angelides )

Judy
- 1666 days ago - rawstory.com
Foremost among its denials was the company's vigorous defense of mortgage derivatives trading. In other words, Goldman Sachs never "bet against" its clients, according to the letter, which also stated that the company did nothing wrong with respect to AIG
   

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