Goldman Sachs

Big U.S. Banks Will Soon Disappear

Big US Banks May Be Headed For Extinction—And Soon CNBC Posted By: Albert Bozzo | Senior Features Editor CNBC.com | 08 May 2009 | 02:30 PM ET In the world of banking, too-big-to-fail may be in the process of morphing into too-big-to-exist. After hundreds of billions in federal aid and even more in lost investment […]

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The Quiet Coup :: Simon Johnson

The Quiet Coup The crash has laid bare many unpleasant truths about the United States. One of the most alarming, says a former chief economist of the International Monetary Fund, is that the finance industry has effectively captured our government—a state of affairs that more typically describes emerging markets, and is at the center of […]

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Greenwald: The Individuals Obama Chose to be His Top Economic Officials Embody Exactly the Corruption He Repeatedly Vowed to End

Larry Summers, Tim Geithner and Wall Street’s ownership of government Glenn Greenwald- SALON Apr. 04, 2009 | White House officials yesterday released their personal financial disclosure forms, and included in the millions of dollars which top Obama economics adviser Larry Summers made from Wall Street in 2008 is this detail: Lawrence H. Summers, one of […]

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