I’d rewrite the headline to read: Goldman Sachs is Pissed!
That actually makes me happy.
There are good, common sense reasons to adopt something like the Volcker Rule.
But it should be duly passed by the Congress. Not imposed by fiat by unelected bureaucrats.
“I’d rewrite the headline to read: Goldman Sachs is Pissed!
That actually makes me happy.”
I’ll ditto that. These crooked “investment” bankers have plundered the USA and when they found themselves underwater because of reckless behavior, they had their politician shills in both Parties (except the TP) send the bill to us taxpayers and the US Treasury credit card to China. Their pals in the Federal Reserve even handed the banker’s wives newly printed hundreds of millions in cash to do with as they pleased.
The bankers make deals not products. They benefit and we lose. @#$% em.
http://scepticalmarketobserver.blogspot.com/2011/05/bankers-wives-hot-chicks-in-hot-tub.html
Obama was as crooked and beholden as they are. They should have been bankrupted and imprisoned along with others like FME. Anything that will prevent a recurrence of their last scam I’m in favor. We still need accountability but they own those who will need to demand it. If we don’t start demanding honest responsive government first, instead of infighting about politics, our nation is going to whither away and die.