World Bank: Goldman Sachs cooked Greece books

[Working Poor]

Thought ya'll might enjoy this

 

[The Bavarian]

Removed?

 

[Indy Vidual]

Goldman Sachs fraud = Yes
Suggesting more regulation = Yes
Second 'expert' doesn't want more regulation

 

[Working Poor]

Who do you think is right?

 

[Indy Vidual]

Who do you think is right?

The second guy to talk was pretty good.

 

[Working Poor]

I don't know the guy who said to take the heads of Goldman Saks to the Hague and charge them with crimes against humanity seemed to have a pretty good idea.

 

[Working Poor]

They both make some good points I suppose..

 

[Seraphim]

Well for starters Keiser is correct about the banking fraud and illegal activity. He started out correctly in stating that the regulations are on the books and simply not being enforced - but was wrong in saying more regulations are needed.

The second guy is right in stating the Congress and politicians over regulated credit standards and pushed them so low and that caused the collapse of the housing market. Where the 2nd guy is wrong, or simply viewing things through rosy tinted glasses, is that the there are not mega uber bankers who are fradulently destroying nations.

At least Keiser recognizes that the State and Banks have merged into, for all intents and purposes, one.

Who do you think is right?