Goldman and US Senate’s confrontation on April 27th, 2010 is a classic show of “dog bite dog”. Each party tries to lay blames on the other for the market crash in 2008. Even from my untrained eye, no one stands on moral high ground. Wasn’t wall street backs on many politicians in Washington? Weren’t many top economic officials from wall street initially?
Blaming game is fun to watch. But the real question is, will this ever happen again? And answer will very likely to be, YES. As history shows, people never learn…
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