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Friday, May 7, 2010

Goldman Sachs Strikes Again

If your 401 plan lost a lot of money yesterday, you can thank Goldman Sachs. They created a whole new bunch of financial instruments specifically designed to hide the fact that Greece was going broke. The new "innovations" were even more sophisticated than the synthetic bonds they created to screw you and other investors.

You may wish to review earlier posts to remind yourself just how much money Goldman Sachs "bankers" earned by screwing you, et al.

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