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PBS News Hour video investigation on how Goldman Sachs makes their record profits

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.

Inside Goldman Sachs, Record Profits, Part I

 

The Wall Street Fix - Doomed to Repeat Ourselves

The Long Demise of Glass-Steagall chronicles the assault on the United States banking system regulations that were put into place as a result of the suspected market speculation by banks in the 1920's. Many believed this caused 20% of all banks to fail.

Frontline has the entire documentary online make it seem like it is online but after trying to get it to stream and it doesn't, you will realize they removed it, cheesy bastards, for viewing renting at your library.

Remember Spitzer? Well ignore his various sins and realize this documentary was made to document the Enron, WorldCom Scandals and is from 2003.

In other words, we've been here before, three times now actually in less than 10 years.