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Top answerer in General: Cheryle - 22 best answers
 
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Alex M.
Goldman Sachs and the housing crash.
3 answers | Asked by Alex M. | 2 weeks ago in General

Considering the billions in federal bailout funds Goldman Sachs received I thought this was an interesting article that some of the members might like to read.

http://www.mcclatchydc.com/227/story/77791.html
 

Answers
Business 2000 Foundation.com
Business 2000 Foundation.com
Interesting...that is the problem of sub-prime lending. A lot of garbage...stinks..lol
But, the state of California is having huge problem's in their economy...almost broke.

Thanks for sharing...
great insightful post-

Al


Posted 2 weeks ago
MarkD
MarkD
Insightful article--thx.


Posted 2 weeks ago
Cheryle
Cheryle
Alex, are you surprised?
You shouldn't be.
These are the companies that give consumers something to complain about. It provides entertainment for the masses and keeps journalists and the media with a job.
It gives politicians something to argue about in their closed meetings, so they can find a solution by creating another useless law.
Welcome to corruption... it's flourishing in 2009, and will likely continue. Afterall, the players have to pay for their expensive costumes and private jets instead of investing money that will benefit the stockholders and their families. Right?
There are two sides to the equation. Those who can and those that don't exploit their power. Guess which side they're on.


Posted 2 weeks ago