Friday, April 16, 2010

Wall Street Values

Imagine if you set up a business and sold a product specifically designed to fail. Then you sold the product to unsuspecting people by telling them how great the product was and how much money they could make if they bought it.

That is exactly what Goldman Sachs did. Not only did Goldman Sachs make money selling the product. They made money selling products to people that were betting they were going to fail. Chances are, the company even bet against their own product.

This is not right. People should be in jail.

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