More on Government/Sachs Insider Dealing
By now it is obvious that government action moves today’s markets more than anything else. With the information that bureaucrats like Paulson give to the unethical firms like Goldman, JP Morgan, etc. they can’t help but make a killing. But it is the middle class that gets killed. Don’t blame free markets for this crap. This fits hand in glove with the insider trading by our elected representatives. No one with close connections to DC loses. Not the politicians, nor the "capitalists" that reject the moral restraints which created free market capitalism in the first place.
Hank Paulsons inside jobs | Felix Salmon:: blogs.reuters.com/felix-salmon/2011/11/29/hank-pau…-jobs