Wednesday, April 28, 2010

"No Underlying Merit to the Transactions"

In this video, Billl Clinton is not as sure or as angry as I am about the tranactions Goldman Sachs undertook to line their pockets with billions of dollars of investors (unwtting dupes) money. He makes the point however that regardless of how you feel about what Goldman Sachs did there was no merit to the kind of transactions they were engaged in. I agree, these kinds of transactions shoould not be happening iin the 1st place. New laws and new regs would be the right place to start fixing this catastrophe.

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