Goldman Sachs Finally Admits It Defrauded Investors During the Financial Crisis

Re:Goldman Sachs Finally Admits It Defrauded Investors Durin... by riprowan on Wednesday April 13, 2016 @03:14AM (#11486351)

> hadn't it been resolved by investing hundreds of billions of taxpayer dollars, would've tanked the global economy

First off, it was trillions AFAIK.

Secondly, the impact of the bailout on the global economy is still playing out:

While I'm agreeing with you, I'd go further to say that the impact of socializing the fraudulent losses of these firms simply has yet to be felt.

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Re:Goldman Sachs Finally Admits It Defrauded Investors Durin... by dguaraglia on Thursday April 14, 2016 @01:34AM (#11494496)

I was trying to qualify my statement as much as possible so I wouldn't get accused of using hyperbole for effect. But yes, what you said.

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