I watched the hearings the other day and am watching it a second time online at cspan.org. Here’s my two cents: The U.S. Government took a regulated industry and deregulated it. Then, when a company such as Goldman Sachs works well within the new rules that the Government created, the Government wants to prosecute them because the now deregulated industry helped to create the recession. If that isn’t a case of the U.S. Government trying to find a patsy – I don’t know what is.
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