“The lack of regulation in the financial industry allowed hedge fund manager John Paulson to conspire with Goldman Sachs in a plan to create packages of risky subprime mortgages and then short-sell (bet against) the sure-to-fail financial instruments.”
read more; http://www.nationofchange.org/five-ways-deregulation-ripping-america-apart-1350308251
No comments:
Post a Comment