Goldman Sachs, the private banks that runs (and has ruined) the US economy,
has finally been formally charged with securities fraud.
Their crime:
Creating garbage securities,
packaging them like gold,
and then lying about their value.
In the normal world, this would be called a “criminal enterprise.”
On Wall Street and in Washington DC
it’s called “a bank too big to fail.”
Here’s the back story we ran months ago.
Video: