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Chinese bestseller slams Goldman Sachs for crisis

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Most corporations aren't inherently evil. Goldman is the exception.

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GS is the epitome of the psychotic corporate world as noted in the documentary The Corporation. Check it out sometime

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We must give Goldman Sachs as much money as they need ( for free) while we squeeze the independent banks dry before we buy them out. =GS is a big part of American Gov criminal corporate culture where at the top sits the Private Federal Reserve.

GS is behind all of the financial terrorist country takeovers. =We must indebt the slaves with our fiat money.

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I'm no fan of any of the greedy Wall Street firms, and they in fact did create the finacial crisis, but to skew this into a Western (foreign) attack on China is absolutely ridiculous. Unfortunately is just the type of nationalist rhetoric that the Communist Party encourages.

China’s government exerts strong control over the news media and broadcasters, but the book publishing industry has a bit freer leeway for commentary, particularly when the targets are not Communist Party officials.

Not quite accurate, the Propagandaa Dept of the party tightly controls what it wants published and what it doesn't. This type of "foreign control and humiliation" of China is all consistent with their narrartive for focusing any anger outside the country, rather than within towards the party. It's very dangerous, as it can provoke a nationalistt response fron the Chinese public that the government can't control.

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Goldman’s boardroom must be filled with tear-filled laughter right now.

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Writers like Li read the criticism of Goldman Sachs that's going on in the West and then conclude they can make money with a book denouncing GS by working their own country into the equation. If AP's writer had actually read the entire book, which I seriously doubt, he would have seen a structure of basic facts padded with a huge amount of paranoid gibberish. Li has adopted the same strategy that dozens of Japanese nonfiction authors have been following for decades.

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The book plays on popular opinion. GS deserves what they get.

Ironically though, this kind of press makes it easier for GS to recruit some of the best and brightest minds.

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Ironically though, this kind of press makes it easier for GS to recruit some of the best and brightest minds.

No, 7 figure paydays do that.

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Completely agree with that author. Government Sachs is a cutthroat and heartless "firm" with no sense of morals and will do anything to make a buck, including selling junk and bankrupting millions of unsuspecting individuals

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ironchef: In other words, GS is the purest form of capitalist in existence. HK was another close to perfect capitalism and people still miss it.

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ironchef

Completely agree with that author. Government Sachs is a cutthroat and heartless "firm" with no sense of morals and will do anything to make a buck, including selling junk and bankrupting millions of unsuspecting individuals

Whatever. However they do no wrong.

This is just a piece of sensationalist junk that sells.

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"Purest form of capitalist"

I'd be willing to wager that there is no purest form of capitalism, especially with a company as Government Sachs with its tentacles linked tightly into the upper echelon of the U.S. govt and having its way with the system no matter what. even if it's a pure form of capitalism, does that make it any right or ethical? sending mom and dad out into the street by selling these crap "financial instruments".

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