Posted on July 31, 2009 - by admin

Toxic Shock Syndrome: "Goldman Sachs is now effectively a hedge fund subsidized by taxpayers."

Dead banks walking 7/31/09 By John Browne Asia Times Copyright 2009 In recent weeks, the financial world has been dazzled by strikingly high earnings reported by our leading investment banks, or at least what we used to call investment banks. The numbers are reminiscent of another era, the one that came to a crashing end last September

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Toxic Shock Syndrome: "Goldman Sachs is now effectively a hedge fund subsidized by taxpayers."