Wednesday, July 22, 2009

Heart of Gold(man)

The American economy remains in dire straits, with one worker in six unemployed or underemployed. Yet Goldman Sachs just reported record quarterly profits — and it’s preparing to hand out huge bonuses, comparable to what it was paying before the crisis. What’s wrong in this picture?

Paul Krugman explains why it is called Goldman Sachs instead of Goldman Sucks…

No comments: