Thursday, 26 February 2015

It’s nice to be the gatekeeper.

“…there's no place for pure capitalism, unregulated capitalism,” says the CEO of Goldman Sachs. “We have a regulated system."

It’s certainly true there’s no place for unregulated capitalism at the entity often called Government Sachs. Not when the regulators, and the government, are in your back pocket -- and you’re the gatekeeper for their sluice.

[Hat tip Drew Taggart,

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