Link to 'The Independent' |
"In a cutting attack on America's financial hub, one of the world's most respected economists has said Wall St is full of 'crooks', and hasn't reformed its 'pathological' culture since the financial crash. ... He said:
"It’s financial fraud, on a very large extent. There’s also a tremendous amount of insider trading - you can even watch, when you are living in New York, how that works."
"In his live remarks, via videophone from New York, an emotionally-charged Sachs also ripped into practices at Goldman Sachs, and into the political classes on both the left and right, according to the New York Post."
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