Golly, another day, another possible Goldman Sachs predatory scam. This time it’s due to their special status with the governmental Plunge Protection Team. Goldman may be been given security access codes which allowed them to know pricing of trades micro seconds before they happened. By yet another one of those bizarre coincidences, why that’s just what the software program that was recently stolen from Goldman was doing, making split second trades.
Did I mention they’ve been making $100 million a day on such trades?
Goldman Sachs is like Standard Oil was. Too big, too arrogant, too powerful. They need to be broken into pieces, just like Teddy Roosevelt did to Standard Oil. The country and the financial system will be a better place when this happens.