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henryprecheur
15y ago
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There's nothing fishy about it. They buy treasury bonds from primary dealers, which include Goldman Sachs.
http://en.wikipedia.org/wiki/Primary_dealers
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arohner
15y ago
How about the part where Bush's Treasury Secretary (
http://en.wikipedia.org/wiki/Henry_Paulson
), and Clinton's Treasury Secretary (
http://en.wikipedia.org/wiki/Robert_Rubin
), and the NY Fed Chairman (
http://en.wikipedia.org/wiki/William_C._Dudley
) are all ex-Goldman Sachs. Doesn't that sound a little fishy?
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