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I thought the same thing when I first came across this info about a year ago. You might be interested in Matt Taibbi's "The Great American Bubble Machine" artic
by lawnchair_larry 15y ago
I thought the same thing when I first came across this info about a year ago. You might be interested in Matt Taibbi's "The Great American Bubble Machine" article. The title refers to Goldman Sachs, and the various bubbles that they have caused and how they did it: The great depression, tech stocks and the dot com bust, the housing bubble, $4/gal gasoline (and other commodities), the bailout, and their next target - the up-and-coming cap and trade/carbon credits market.
http://www.rollingstone.com/politics/news/the-great-american-bubble-machine-20100405 http://www.rollingstone.com/politics/news/the-great-american...
Then there is his other article, on why no one went to jail:
Over drinks at a bar on a dreary, snowy night in Washington this past month, a former Senate investigator laughed as he polished off his beer.
"Everything's fucked up, and nobody goes to jail," he said. "That's your whole story right there. Hell, you don't even have to write the rest of it. Just write that."
http://www.rollingstone.com/politics/news/why-isnt-wall-street-in-jail-20110216 http://www.rollingstone.com/politics/news/why-isnt-wall-stre...