Episode 193 • • 48:06 - 52:30
193: Goldman Sachs and the Pedo Bear
Goldman Sachs, German Banking Consortium, European Debt
German and Dutch financial authorities are considering severing ties with Goldman Sachs following SEC fraud charges against the investment bank. BayernLB has already distanced itself from the firm, and there are calls to remove Goldman from the consortium that handles German federal government debt. The hosts speculate whether this represents a coordinated effort to find a scapegoat for the broader financial crisis.