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Senator Levin on Goldman Sachs, conflicts of interests

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Senator Levin and I talked for a while about all the different sorts of conflicts that were riddled throughout the financial services industry… From ratings agencies that took money from the banks whose deals they rated, to the mortgage writers that sold the paper without keeping any skin in the game, to investment banks selling products they knew were “shitty”… Levin wants it all fixed. Good for him.

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Written by Mike Stark

May 4th, 2010 at 10:56 pm

Posted in Uncategorized

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