Matt Taibbi has another interesting piece on Goldman Sachs in Alternet:
So what’s wrong with Goldman posting $3.44 billion in second-quarter profits, what’s wrong with the company so far earmarking $11.4 billion in compensation for its employees? What’s wrong is that this is not free-market earnings but an almost pure state subsidy.You'll want to read the whole article. In a free market, Goldman Sachs would be long gone.
