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Market Currents

Tuesday, June 30, 2009
11:50 AM TweetThis
  • Matt Taibbi pens a lengthy response after Goldman Sachs' (GS) spokesman Lucas Van Pragg laughs off his takedown. "Companies like Goldman Sachs have a virtual monopoly on mainstream-news public relations; for every one reporter like me... there are a thousand hacks out there willing to pimp Goldman's viewpoint on things in the front pages and ledes of the major news organizations."

This news story has 6 comments:

  •  
    the shills are many for the ones with deep pockets
    Jun 30 11:53 AM | Link | Reply
  •  
    That's the reason why CNBC exists.
    Jun 30 11:55 AM | Link | Reply
  •  
    Like all oligarchs throughout history, the parasites at Goldman Sachs can simply laugh-off any and all criticism - because they OWN the government (AND most of the media).

    Meanwhile, government-owned fraud-factory Citigroup continues its own criminal operations with apparently ZERO intentions of ever eliminating crime from is "business model" (see www.bullionbullscanada...).
    Jun 30 12:18 PM | Link | Reply
  •  
    And it will continue that way as long as the public is ignorant of the truth.
    Jun 30 12:19 PM | Link | Reply
  •  
    Let Goldman and Co. "flack" all they want. We get our truth from Matt Taibbi--and Jeff Nielson.


    On Jun 30 12:18 PM Jeff Nielson wrote:

    > Like all oligarchs throughout history, the parasites at Goldman Sachs
    > can simply laugh-off any and all criticism - because they OWN the
    > government (AND most of the media).
    >
    > Meanwhile, government-owned fraud-factory Citigroup continues its
    > own criminal operations with apparently ZERO intentions of ever eliminating
    > crime from is "business model" (see www.bullionbullscanada...;view=article&...
    Jun 30 12:26 PM | Link | Reply
  •  
    In the end a criminal is just a criminal. You do not have a crime problem because you have too many criminal minds, you have a crime problem when the police don't arrest criminals and stop the profits from crime.

    The problem here is not GS, JPM, or any of the other investment houses/banks, its that SEC that is letting them run wild and not doing its job.
    Jul 01 08:45 AM | Link | Reply
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