Menu

RealEconTV

Business news without the bullshit

Goldman Sachs resignation letter

Wall Street Journal waters it down

bullshit reporting , Goldman Sachs , Greg Smith , Rupert Murdoch , Wall Street Journal

Subscribe to RealEconTV

Your e-mail address is kept absolutely private
We make it easy to unsubscribe at any time

More junk reporting from the lame stream media

Notice that instead of addressing the issue - the collapse of Goldman Sach's business culture - the Wall Street Journal and other news outlets talk about the "media phenomenon" of ex-Goldman Greg Smtih's resignation letter.

In case you missed the real story... Goldman lit the fuse to fraudulent Internet IPO boom of the 90s, was central to the multi-trillion dollar mortgage fraud industry of the 2000s, and helped wire Greece, and thus the entire world financial system, for implosion with loans made on a fraudulent basis.

But the Wall Street Journal talks about Greg Smith's "15 minutes of fame" instead.

For more Banking malfeasance videos, click here

See the complete catalog of
real econ tv videos

Legal disclaimer

The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.

NO MATERIAL HERE CONSTITUTES "INVESTMENT ADVICE" NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, BONDS OR FUTURES.

The author may have a position in any company or security mentioned herein. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.