Welcome to the second, less frequently-posted decade of RevMod.

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Monday, June 22, 2009

And yet, if I rob a bank, I'd go to jail

Investment bank Goldman Sachs has posted a record profit, and will be paying out record bonuses to staff. A lot of the profit seems to be coming from acting as intermediaries selling government bonds issued by the United States Treasury in order to raise the funds required to pay for the bailout of investment banks.

Karma has its work cut out for it.

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