Wednesday, April 28, 2010

The real issue with Goldman and others

http://market-ticker.denninger.net/archives/2239-The-Real-Issue-With-Goldman-And-Others.html

17 pages kept the world safe, until it was decided that the world didn't need protection anymore......and now we're all going down together.
We don't need reform, what we need is reinstatement of what was protecting us in the first place to make sure that what is happening financially to us now, was never allowed to happen in the first place.

Tickerguy's commentary on yesterday's Senate testimony by various executives from Goldman Sachs, and why we need Glass Steagall reinstated - now.