Sunday, August 4, 2013

Former Goldman Sachs VP Greg Smith on What Goes on Behind the Scenes at I-Banks and How Markets Really Work Today (The New School NYC Lecture from February 2013)

At The New School NYC in February 2013, former Goldman VP Greg Smith talked about what goes on behind the scenes at Wall Street banks and how the markets really work today. In summary: Nothing has changed since the financial crisis, and if we don't transparentize and simplify the too-big-to-fail banking system, there will be another systemic crisis and taxpayer bailout.


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