The Traderszone Network

Published in TZ Latest News 10 July, 2014 by The TZ Newswire Staff

Ex-Goldman Banker Confirms "Profits Above Principles" With 100%-Plus Business Loans

Confirming every Wall Street stereotype that “ethics are all well and good, but money is more important,” the ex-Goldman Sachs banker who wrote a book on whether the bank always put “profits above principles” has started a firm charging extremely high rates of interest (above 100% in some cases) for struggling small businesses… oh the irony.

 

As Bloomberg reports,

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