“Last October, I saw a cartoon by Mike Peters in which a teacher asks a student to create a sentence that uses the verb ‘sacks,’ as in looting and pillaging. The student replies, ‘Goldman Sachs.’ ”
Paul Krugman beginning a column on Looters in Loafers.
Krugman concludes his column with:
“For the fact is that much of the financial industry has become a racket — a game in which a handful of people are lavishly paid to mislead and exploit consumers and investors. And if we don’t lower the boom on these practices, the racket will just go on.”