GS invests in protection

by Russ Roberts on September 7, 2011

in Crony Capitalism

When I think of Goldman Sachs, I think of its former chairman, Hank Paulson, calling its current chairman, Lloyd Blankfein a few dozen times the week before the AIG bailout, a bailout that helped GS collect billions of dollars it might have lost. GS would like you to think of something else.


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