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Cooking books and limiting responsibility: Goldman Sachs in Malaysia : Comments
By Binoy Kampmark, published 31/12/2018Goldman Sachs is the sort of institution which has thrived on the largesse of government assistance - the old socialise your losses but privatise your gains sort of philosophy.
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Almost every day we see claims of fraud and embezzlement Often in unaccounted for billions.
With the losses socialized and the profits privatised. And similarly dishonest tax evasion on an even larger scale?
Yet we chase hundreds in extremely petty crime at enormous (penny wise pound foolish) cost to the taxpayer while the Mr Bigs of the tax avoiding and financial embezzling world, not only walk free but strut the boardwalks, the talk feast podiums and the halls of political and commercial power?
And must continue until we the people end our political apathy and kick out all the incumbents, with a clean sweep that put principles back into business as usual politics! By replacing it with what it is not! Until then nothing alluded to in the preceeding, ever changes!
This comment edited and corrected by Grammerly.
Alan B.