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Goldman Sachs slapped on the hand…Wall Street starved millions_on Economic Collapse Teach-in

This show was broadcast July 17, 2010.
It is now archived here — Use Player


Don’t Miss our Saturday – Economic Collapse Truth Teach-in Marathon
11am Pacific – 2pm Eastern – 18:00 GMT – Saturday
Will be archived here after the broadcast by Monday.

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Coming up Saturday –
ONE KEY ECONOMIC COLLAPSE TRUTH Revelation

Key information for the uninitiated and the initiated alike.

for $550M—Less Than It Reportedly Expected, and With No Admission of Criminal Wrongdoing

Goldman Sachs has agreed to pay $550 million to resolve a civil fraud lawsuit over selling a mortgage investment that was established to fail. While the SEC hailed the $550 million settlement as the largest in Wall Street history, many outside analysts questioned why the government didn’t demand more. Investors responded favorably as Goldman Sachs shares jumped by five percent in late trading, adding far more to the firm’s market value than the amount it will have to pay in the settlement. We speak to Matt Taibbi of Rolling Stone. [includes rush transcript]

The Food Bubble: How Wall Street Starved Millions and Got Away With It

While Goldman Sachs agreed to pay $550 million to resolve a civil fraud lawsuit filed by the SEC, Goldman has not been held accountable for many of its other questionable investment practices. A new article in Harper’s Magazine examines the role Goldman played in the food crisis of 2008 when the ranks of the world’s hungry increased by 250 million. We speak to Harper’s contributing editor Frederick Kaufman. [includes rush transcript]

From a Democracy Now Presentation 7-16-2010.

The Economic Collapse Teach-in encompases upon some of the most highly controversial an crucial subjects of our day—the collapsing economy, the Federal Reserve, the Banks, Wall Street, financial fraud, forclosures, homelessness, unemployment, workers rights, unions, trade agreements, etc. We scour the world to find and gather debates and presentations that are extremely informative and educational. Related subjects are also discussed. It provides key information for the uninitiated and the initiated alike.


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