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So what’s wrong with Goldman posting $3.44 billion in second-quarter profits, what’s wrong with the company so far earmarking $11.4 billion in compensation for its employees? What’s wrong is that this is not free-market earnings but an almost pure state subsidy.
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Matt Taibbi On Goldman Sachs’ Profits
Posted July 16th, 2009 in Business by admin. Tags: 11-4-billion, 3-44-billion, almost-pure, Earnings, earnings-but, far-earmarking, for-its, goldman, Goldman Sachs, Matt Taibbi, not-free-market, Quarter Profits, State Subsidy, wrong-with
