Swimming with the Sharks: Goldman Sachs, School Districts, and Capital Appreciation Bonds

Remember when Goldman Sachs – dubbed by Matt Taibbi the Vampire Squid – sold derivatives to Greece so the government could conceal its debt, then bet against that debt, driving it up? It seems that the ubiquitous investment bank has also put the squeeze on California and its school districts.
The post Swimming with the Sharks: Goldman Sachs, School Districts, and Capital Appreciation Bonds appeared first on BSNEWS.

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