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 does this contrast tell us?
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.: July 2009 --> Krugman: Goldman Sachs - good at what it does, bad for America
Krugman: Goldman Sachs - good at what it does, bad for America
» Paul Krugman on the meaning of Goldman Sachs' success in the context of the bailout.
[ 07.17.09 ]
