Saturday, May 1, 2010

Goldman Sachs, Chess, and the Godfather

Fellow cynics, a very insightful piece on the Obama Administration's crusade against Goldman Sachs is excerpted below:

Goldman Sachs, Chess, and the Godfather

 By Damon Vrabel  Friday, April 30, 2010 imageBetween the SEC charges and the congressional panels, the government is finally doing its job going after Goldman Sachs, right?  And this last week in April ends with the Justice Department picking up the baton, which puts Goldman under threat of criminal prosecution.  Things have suddenly gotten serious.
Two weeks ago on a radio interview, I suggested the SEC investigation will either be a chump charge to pacify the masses or it might potentially be the beginning of the sacrifice of Goldman Sachs for reasons explained below.  The Justice Department referral makes the latter more probable.


This article is a must read for anyone who wants to understand how the game is played by the finance/government cartel.  As a former Wall Street player, I find it hard to debunk the premise of the article.  The entire article can be found at the following link
http://canadafreepress.com/index.php/article/22663

No comments:

Post a Comment