Letter to the Union Tribune (unpublished, of course):
The Goldman Sachs case allows us to step back and assess the American financial sector's role in business. Once upon a time, Wall Street's primary purpose was to raise money for productive industry. But now, it has been turned into a casino. Credit default swaps? Derivatives? Gambling, pure and simple.
Thursday, April 29, 2010
Subscribe to:
Posts (Atom)