Saturday, March 17, 2012

Robert Reich Expands Upon What We Learned About Goldman Sachs

Robert Reich expands on the issues raised by Greg Smith's explanation of his reasons for resigning from Goldman Sachs. There is nothing new about greed on Wall Street. Greed is a human weakness that is amplified by the lack of safeguards against it. We need to provide the safeguards as we did after the Great Depression. He argues that trust is a public good and that the loss of trust in our system will have consequences.

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