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Friday, 17 July 2009
There has been numerous financial analysts who have pin pointed the US Banking giant Goldman Sachs as being responsible for in lack of a better word, destroying the US economy.
Matt Taibbi of Rolling Stones magazine accused Goldman Sachs of manipulating the market, using illegal trading software (major scandal tied with the bank), positioning its former executivesin the US Administration, the Federal Reserve etc.
According to Mr. Taibbi, the creator of the Bailout and former Fed Chairman Hank Paulson was former Goldman CEO who used taxpayers money to 'bailout'