So what do the "truthers" think now?
With the many explanations about the SEC filing a charge against Goldman Sachs how does one sort it all out. The conspiracy theorist will jump all over this and shout, "We knew it" the Free-marketeers will say "No big deal it all has to be proven" and the great unwashed will simply shrug it off as another thing they don't want to think about.
So what really went down here? How could one of the largest investment banks get so messy? If one believes the banks they will say it's the fault of one man -a Mr Paulson, we have heard this before when one rogue trader called Nick Leeson nearly destroyed the british trading system a few years ago. But who allowed Paulson to benfit? The bank of course.
There have been many pundits looking at this and here a couple that try to put it in simple terms: the Guardian, and this one using the used car industry as an explanation Even so this move will do one thing - embolden the conspiracy theorists and as you, the good readers know, we at the BurdReport love a good conspiracy theory!
So what really went down here? How could one of the largest investment banks get so messy? If one believes the banks they will say it's the fault of one man -a Mr Paulson, we have heard this before when one rogue trader called Nick Leeson nearly destroyed the british trading system a few years ago. But who allowed Paulson to benfit? The bank of course.
There have been many pundits looking at this and here a couple that try to put it in simple terms: the Guardian, and this one using the used car industry as an explanation Even so this move will do one thing - embolden the conspiracy theorists and as you, the good readers know, we at the BurdReport love a good conspiracy theory!

1 comments:
The used -car analogy is a very useful one
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