Have you heard the one about Goldman Sachs investing $9.6 million into the Adolescent Behavioural Learning Experience (ABLE) programme at Rikers Island penitentiary in New York? No? It’s a corker. But it’s no joke. It is a disturbing example of what can happen when big finance gets involved in public policy.
Talkshow with Ann Pettifor.
Former IMF chief economist Simon Johnson discusses the influnce that Wall Street banks have in Washington D.C.
It was Herbert Spencer who first coined the term “survival of the fittest” but that is not the optimum way a society should function.
Max Keiser thinks Goldman Sachs is the Exxon Valdez of banks.