Image by Benoit Michelot
For some time now, all the top Wall Street CEO’s have been singing the course “Nobody so it coming!” Sure!
Each week I try to listen to “This American Life,” of Chicago Public Radio. This week’s broadcast was “Inside Job,” a seven-month’s work of an investigative journalists group from ProPublica. Click here to hear the broadcast. For more information, go to thisamericanlife.org
Many who did see it coming were in fact, “Betting Against The American Dream”
Bet Against the American Dream from Alexander Hotz on Vimeo.
Today, SEC files a law suit for fraud against Goldman Sachs for allegedly misleading investors. ProPublica, in their investigative report last week reported that many other major investment banks were doing the same thing. It is easy to assume that there will be more to come.