A Senate panel charged with investigating the financial crisis is laying blame right where it belongs: At the foot of the mega-banks that pushed financial products on consumers and then deceived Congress. Goldman Sachs CEO Lloyd Blankfein appears to have lied to Congress. It's time for a criminal investigation -- and the powerful senator who chaired the panel agrees.
Investigators discovered that Goldman traders bragged about selling "shitty" deals to clients and the mega-bank bet against the same financial products it was selling to investors. PETITION TO THE DEPARTMENT OF JUSTICE: Millions of Americans have lost their jobs, and small-time homeowners are in jail for mortgage fraud, but no CEOs have been prosecuted for their roles in the financial crisis.
This is historical material “frozen in time”. The website is no longer updated and links to external websites and some internal pages may not work.
