Episode 49 • • 42:50 - 45:05
49: Everybody Wants to Rule the World
Goldman Sachs Influence and Washington Mutual Seizure
Warren Buffett's $5 billion investment in Goldman Sachs is discussed alongside the company's deep ties to the US Treasury through Secretary Hank Paulson. The seizure of Washington Mutual by the FDIC and the ongoing instability of the UK mortgage market are cited as evidence that the financial crisis is not yet over.