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LOOTERS in LOAFERS Paul Krugman writes about Goldman Sachs

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Mira Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-20-10 08:59 AM
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LOOTERS in LOAFERS Paul Krugman writes about Goldman Sachs


Looters in Loafers
By PAUL KRUGMAN
Published: April 18, 2010

Last October, I saw a cartoon by Mike Peters in which a teacher asks a student to create a sentence that uses the verb “sacks,” as in looting and pillaging. The student replies, “Goldman Sachs.”
Sure enough, last week the Securities and Exchange Commission accused the Gucci-loafer guys at Goldman of engaging in what amounts to white-collar looting.

read the whole piece here
http://www.nytimes.com/2010/04/19/opinion/19krugman.html?ref=opinion
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Tippy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-20-10 09:50 AM
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1. Personaly I believe President Obama made a mistake when
Edited on Tue Apr-20-10 09:50 AM by Tippy
He didn't ask Krughman for advice....
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BurtWorm Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-20-10 10:00 AM
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2. Reading this piece reminded me of Bush's phony 'ownership society'
Edited on Tue Apr-20-10 10:01 AM by BurtWorm
which in retrospect, looks like part of the whole scam to encourage banks to make a shitload of bad mortgage deals and loans.
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laughingliberal Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-20-10 10:06 AM
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3. K & R nt
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