Thursday, July 02, 2009
Cashing In on Climate Change
The upcoming issue of Rolling Stone magazine looks at the role Goldman Sachs has played in creating economic havoc over the last two centuries. As the favored financier of President Obama's career, the heavyweight of capitalism is now positioning itself to capitalize on yet another Ponzi scheme: carbon-market trading. Using taxpayer funds from the banking bailout scandal it in large part caused, Goldman Sachs is prepared to take advantage of this golden opportunity to cash in on the climate change crisis.
