Remember how Goldman Sachs stuffed a CDO with toxic assets and made $15 million. Remember all of the other crooked dealings they did? How Goldman Sachs made $33 billion off of AIG by buying credit default swaps?
The SEC is settling with Goldman Sachs for $550 million.
That's just insulting to the American people frankly and why the post title is pay to play. This is like a toll on the corporate corruption super highway.
It's the autobahn too, no speed limits, for nothing, absolutely nothing happens to these corporations who literally risk bringing down the global economy.
Oh yeah, they passed Financial Reform which does nothing to break up the big banks, reduce systemic risk and does not ban derivatives like the above.