It looks like Goldman Sachs has been making a lot of money, for years, by playing the rest of us for suckers. Paul Krugman wrote an article about Goldman in New York Times and did not hold back his anger toward this controversial bank. Krugman claims that Goldman has repeatedly created a hype, which they do not belive in themselves, and got out in time to profit enormously. That is exactly what Goldman did when they famously made a lot of money selling securities backed by subprime mortgages — then made a lot more money by selling mortgage-backed securities short, just before their value crashed. Do the bankers of Goldman Sachs know the meaning of the word moral?
Here is a link to Krugman´s article: http://www.nytimes.com/2009/07/17/opinion/17krugman.html?_r=3&ref=global