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>How exactly does GS manipulate the markets to its will? They rig the ratings agencies and libor[0]. [0]http://www.bloomberg.com/news/articles/2012-07-18/gol

• smallnamespace 10y ago
  Your article doesn't support your point; it's Goldman's CEO complaining about other people manipulating LIBOR. https://www.theice.com/iba/libor https://www.theice.com/iba/libor Goldman Sachs did not manipulate LIBOR because it's not even one of the banks that is asked for LIBOR submissions (they were an investment bank, not a commercial bank). I'm all for bashing banks when it's appropriate, but it's our obligation to get the facts straight first.