Goldman Sachs run by frauds. No, really?


From the We Could Have Told Them That department, the reprehensible management at Goldman Sachs have been found guilty of fraud by the American Securities and Exchange Commission.

What I want to know has nothing to do with the crooked economics behind deregulation so championed by Milton Friedman and his cronies, but why this decision was reached in civil and not criminal court. These people destroyed the lives of millions, they should be in prison. Sincerely, I weep for their victims.

For those reading this post in a blog aggregator and can't see the tag links; and in case you've forgotten; Keynes is my Homeboy.

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