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His saying that Goldman was just playing with the rulebook Congress gave them is disingenuous. Goldman's lobbyists wrote the rulebook. The financial industry --
by jordanb 16y ago
His saying that Goldman was just playing with the rulebook Congress gave them is disingenuous. Goldman's lobbyists wrote the rulebook. The financial industry -- and Goldman in particular -- have been playing congress like a fiddle for decades now. They had the rules that led to the collapse because they wanted those rules, because that would make them the most short-term money.