How Goldman Sachs Made Tens Of Billions Of Dollars From The Economic Collapse Of America
December 30, 2009 by Brendan Joseph
Filed under Media
The Economic Collapse December 30, 2009 Investment banking giant Goldman Sachs has become perhaps the most prominent symbol for everything that is wrong with the U.S. financial system, but most Americans cannot even begin to explain what they do or how they have made tens of billions of dollars from the economic collapse of America. The truth is that what Goldman Sachs did was fairly simple, and there may not have even been anything “illegal” about it (although they are now being investigated by the SEC among others). A d v e r t i s e m e n t The following is how Goldman Sachs made tens of billions of dollars from the economic collapse of America in four easy steps…. Step 1: Sell mortgage-related securities that are absolute junk to trusting clients at vastly overinflated prices. Step 2: Bet against those same mortgage-related securities and make massive bets against the U.S. housing market so that your firm will make massive profits when the U.S. economy collapses. Step 3: Have ex-Goldman executives in key…
Here is the original post:
How Goldman Sachs Made Tens Of Billions Of Dollars From The Economic Collapse Of America
Presented by Global-Information-Network-Society.com
Global Information Network is an exclusive and private club. It is an association or organization. It can be called a “society”. It consists of members from all over the world. Membership is by invitation only. Not all applications will be accepted and not all who apply will qualify.
Related posts:
- Goldman Sachs Bankers Buy Guns To Protect Themselves December 2, 2009 Bloomberg By Alice Schroeder “I just wrote...
- Articles on Goldman Sachs and the Financial Bubble Goldman Sachs described perfectly as a great vampire squid wrapped...
- Cap and Trade is a Goldman Sachs and Enron Scam NoWorldSystem December 8, 2009 Rolling Stone’s author Matt Taibbi...
- New Derivatives Legislation “Was Probably Written by JPMorgan and Goldman Sachs” Washington’s Blog November 16, 2009 A d v e...
- Goldman Sachs Bankers Buy Guns to Defend Against “Populist Uprising” Alice Schroeder Bloomberg December 1, 2009 A d v...
Related posts brought to you by Yet Another Related Posts Plugin.
