Goldman Sachs Financial Meltdown
August 31, 2017
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I nonetheless say it would be higher had the Fed not bailed out the banks, bought bonds, purchased stocks, managed the housing market. It is previous time that this company pay for his or her evil deeds. Attention-grabbing that no one has ever informed the American people who ran these cash markets in September, 2008.
Some might say that each one this information is a good thing, and investors must do their very own analysis before placing cash in or taking money out of the inventory market. The lenders and the investment banks arrange a system of fraud, and the borrowers were not the primary people at fault.
As a result of all this financial voodoo failed, you the taxpayer need to bail out the banks who made all the money earlier than they failed. The Fed has deserted the save and invest sound money policy and is making an attempt to pump a bubble in stocks, till the bubble bursts?