The PBS Newshour investigates whether Goldman Sachs is making money with taxpayer money, their front loading, are they really a hedge fund and how they used taxpayer money to make profits in a two part video series, 20 minutes, embedded below.
Tonight on PBS Frontline is investigates the causes of the financial crisis. Check your local listings for times. And for a sneak peak here is the link to Frontline website.
From the press release:
"We didn't truly know the dangers of the market, because it was a dark market," says Brooksley Born, the head of an obscure federal regulatory agency -- the Commodity Futures Trading Commission (CFTC) -- who not only warned of the potential for economic meltdown in the late 1990s, but also tried to convince the country's key economic powerbrokers to take actions that could have helped avert the crisis. "They were totally opposed to it," Born says. "That puzzled me. What was it that was in this market that had to be hidden?"
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