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Goldman’s Coup: Why Banks Are Benefiting and Workers Aren't
“They frankly own the place,” Dick Durbin said back in April referring to the power that banks hold over policy decisions in Washington. If they own the place, presumably they can make the rules. But as Goldman Sachs brings in record profits and prepares to dole out handsome bonuses to employees and executives, many are lauding the company's willingness to take risks. So is Goldman Sachs, dubbed by many 'Government Sachs,' a risk taker or a coup maker? And what will it take to confront what may be the most powerful lobby in American history?
Matt Taibbi, contributing editor at Rolling Stone and author of The Great Derangement: A Terrifying True Story of War, Politics, and Religion
Tagged as: matt taibbi, bailout, laura flanders, grittv, goldman sachs, mike lux
Laura Flanders is the host of GRITtv and the author of Blue Grit: True Democrats Take Back Politics from the Politicians.
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