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I would try and summarize this excelent writers work but I am sure I would do it no justice. This is a must read for anyone with investments!!!
http://www.rollingstone.com/politics/story/29127316/the_great_american_bubble_machine/1
And its very very scary!!!
And now the response from Goldman Sachs.
Most RecentMost Recommended Comments (2)
at 16:14 on July 26th, 2009
at 16:17 on July 26th, 2009
http://blogs.reuters.com/felix-salmon/2009/06/26/goldman-sachs-responds-to-taibbi/
http://blogs.reuters.com/felix-salmon/2009/06/26/goldman-sachs-responds-to-taibbi/