Tag Archives: Greed

Goldman Sachs under criminal investigation

The U.S. attorney’s office in Manhattan is conducting a criminal investigation of Goldman Sachs over mortgage securities deals the big Wall Street firm arranged, a knowledgeable person said Thursday. The person said the probe stems from a criminal referral by … Continue reading

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Goldman Sachs bonuses protested

Angered by the allocation of bailout funds for executive bonuses, activists rallied in front of the D.C. offices of Goldman Sachs.

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Capitalism and Greed

Yesterday I watched Capitalism: A Love Story again. It is the production of Michael Moore, the acclaimed conservative film maker. (Yes, I know he is not really an “acclaimed conservative film maker.”) I had watched the movie/documentary when it first … Continue reading

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A word from Michael Moore

I read the following note from Michael Moore this morning. It is posted on his website. You can go there and read it for yourself. I’m going to post it here because it prompts some thoughts of my own that … Continue reading

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It is a “retention award” not a bonus!

Two Wall Street firms that received at least $60 billion in government bailout funds will be rewarding their financial advisers with controversial retention payments, the terms of which one senior executive described as "very generous." [Huffington Post] The soon-to-be-merged financial … Continue reading

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