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Credit Union Flap May Reveal Goldman Sachs Is Bullying Community Banks

2011-10-29 | Filed Under SteveG's Posts |

The Raw Story article Credit union flap may reveal Goldman Sachs is bullying community banks provides a link to the video below.

When it was announced recently that Goldman Sachs had withdrawn its sponsorship of the small community bank at which Occupy Wall Street had set up an account for its donations, it appeared to be merely a petty act of vindictiveness.

According to investigative reporter Greg Palast, however, the motivations go much deeper and may involve that Goldman Sachs is misusing TARP bailout funds as a “political weapon” to bully smaller banks.

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