Friday, January 15, 2016 1:45:27 PM
You would never know that Goldman Sachs reportedly spent millions shorting the mortgage market in a similar manner to the traders in the movie, even while it was aggressively selling those same securities to clients. Though the “revolving door” between the public and private sectors is mentioned as a possible cause for regulatory inaction, the film doesn’t go into specifics about the very powerful government connections that some say saved Goldman Sachs from going the way of Lehman Brothers.
In a sense, the Washington-Wall Street binary is a false one. That is a distressing story Hollywood has yet to put on film.
GOLDMAN SACHS: "THE GREAT AMERICAN BUBBLE MACHINE"
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"WHY I AM LEAVING GOLDMAN SACHS", "A LIST OF GOLDMAN SACHS TIES TO THE OBAMA GOVERNMENT-INCLUDING ELENA KAGAN", "GOLDMAN SACHS' ALL-STAR ALUMNI", "THE GUYS FROM 'GOVERNMENT SACHS'", "GOLDMAN SACHS' GLOBAL COUP D'ETAT"
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