The indictment of Goldman Sachs is as deceptive as the “financial reform” bill that President Obama and the liberals are pushing on Capitol Hill, says Zubi Diamond, author of the blockbuster book, Wizards of Wall Street. Diamond is warning legislators not to fall for the Obama Administration’s claim that the legislation somehow punishes Wall Street for bad financial practices.
Everyone needs to read Zubi Diamonds book, The Wizards of Wall Street.
http://www.amazon.com/Wizards-Wall-Street-Washington-Economic/dp/1448650046
Description:
“Corruption in Washington DC and on Wall Street joined at the hip has affected your finances and your children’s future; it is about the complete erosion of representative government that ceded the power of policy writing and regulation of our banking and financial markets to a lobbying company for the hedge fund short sellers whose greed for power and profit led them to subvert our capitalist system economy, their dirty malicious scandalous criminal maneuvers resulted in the collapse of the economy, the lending freeze, the stock market crash, and the looting of America in excess of $11 trillion dollars; it was a perfect crime until now, the truth and their secrets revealed in this book. The scam orchestrated by the wizards of Wall Street and sanctioned by their Washington DC lap dogs; the scam that elected Barack Obama, Exposed. Who did it and how? Details and names revealed; Architects of the crisis. The book offers the solution for a complete and permanent recovery from the crisis.”
Levin is a complete moron, comparing synthetic cdo’s to a crappy car. This is not grandma’s money they are selling cdo’s too, they are extremely sophiticated investors.I hate that I have to stick up for Goldman but this is bs.