Monday, May 23, 2011

New book on Goldman-Sachs

The Huffington Post has published an interesting except from a new book (to be published tomorrow) on the role of Goldman-Sachs in the recent financial meltdown. You can find it HERE. I have blogged about this several times already, and I still recommend The Big Short by Michael Lewis, which is now a NY Times paperback best seller.

It's past time for some folks to go to jail for this; unfortunately, metastases from G.S. permeate the highest reaches of government and the financial community. The Attorney General for New York State is investigating wrongdoing of major banks -- we'll see. (This would have been a good project for Eliot Spitzer -- you remember him, client #9?)

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