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July 27, 2009

Break Up Goldman Sachs

Editors note: Finally, the mainstream media has someone actually making sense. I'm guessing hell is starting to freeze over.

Break Up Goldman Sachs

The country and investors would be better served by smaller financial companies.


If we agree on a few basic things that we all want, breaking up Goldman Sachs and most of the other big Wall Street banks makes a lot of sense. Let's start with the wants: The taxpayer should never again be asked to save the banks from the costs of their own investment decisions; American consumers and businesses should have access to financial products, credit and financing; bank shareholders deserve a chance to make some money.

Read the rest of the article here.

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