30.5.10

Are Goldman Sachs and the Megabanks Able to Wipe out an Entire Economy with a Keystroke? -- Signs of the Times News

Are Goldman Sachs and the Megabanks Able to Wipe out an Entire Economy with a Keystroke? -- Signs of the Times News: "'We don't really have a market as such anymore,' Marshall Auerback, senior fellow at the Roosevelt Institute, explained to AlterNet. 'It's a high-tech casino. And that is actually an insult to casinos, which are probably better regulated and which observe rules that make the house pay when it loses. Unlike our Frankenstein investment banks, which get government handouts.'"