Day: July 14, 2009

Goldman Sachs Taking Risks? (Updated)

Evan Newmark, a former employee of Goldman Sachs believes that the reason GS made $3.4 Billion in profit last quarter is because GS was taking risks that other banks were not comfortable with, and that the real loser in this whole deal is the American taxpayer.  Well, I guess he is right about the second part, and not wanting to own up to all the help that GS received from the government via every single one of the former GS employees that are part of this government now. For everything you could possibly want to know about Goldman Sachs, go…
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