All great truths begin as blasphemies.

- George Bernard Shaw

Goldman Sachs Runs America

We strongly suggested you read an article about Goldman Sachs and the role it has played in the government last week.

The news of their "great" power continues:
The New York Stock Exchange quietly announced last week that it would end its practice of requiring companies to report all their program trading -- a move that helps shield large investment banks, particularly Goldman Sachs, from public scrutiny.


Goldman Sachs is singled out because the investment bank’s share of principal NYSE trading has gone from 27 percent at the end of 2008 to fully 50 percent of trades in recent months.

posted at 02:24:58 on 07/07/09 by clearpolitics - Category: Economics - [Permalink]

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