Thursday, July 30, 2009

Michael Lewis on Goldman Sachs

Reason #48756 why Michael Lewis is the best financial journalist working today:

Every time we hear the phrase “the United States of Goldman Sachs” we shake our heads in wonder. Every ninth-grader knows that the U.S. government consists of three branches. Goldman owns just one of these outright; the second we simply rent, and the third we have no interest in at all. (Note there isn’t a single former Goldman employee on the Supreme Court.)

Devastatingly funny, isn't it?

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