Thursday, July 15, 2010

The Insidious Transformation of Markets into Casinos... How Brokers Became Bookies


By Ellen Brown: "You all are the house, you're the bookie. [Your clients] are booking their bets with you. I don't know why we need to dress it up. It's a bet." - Senator Claire McCaskill, Senate Subcommittee investigating Goldman Sachs (Washington Post, April 27, 2010).......read on

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