This is the title of a must-read article by Matt Taibbi in the current Rolling Stone magazine on the newstands. The Great American Bubble Machine reveals how Goldman Sachs has engineered every major market manipulation since the Great Depression.
While the online issue of Rolling Stone provides a considerable part of Taibbi’s research and findings for free EE Online recommends that to get the complete picture to purchase the magazine and to read the article with care. An informed and educated public may possibly prevent future manipulation of taxpayers money by financial institutions.
Following is the introductory paragraph from Rolling Stone.com
“In Rolling Stone Issue 1082-83, Matt Taibbi takes on "the Wall Street Bubble Mafia" — investment bank Goldman Sachs. The piece has generated controversy, with Goldman Sachs firing back that Taibbi's piece is "an hysterical compilation of conspiracy theories" and a spokesman adding, "We reject the assertion that we are inflators of bubbles and profiteers in busts, and we are painfully conscious of the importance in being a force for good." Taibbi shot back: "Goldman has its alumni pushing its views from the pulpit of the U.S. Treasury, the NYSE, the World Bank, and numerous other important posts; it also has former players fronting major TV shows. They have the ear of the president if they want it.”
Read the online excerpts and see a telling video at Rolling Stone.com:
http://www.rollingstone.com/po...