08/16/2009 05:12 am ET Updated May 25, 2011

Paul Krugman Slams Goldman Sachs: What It Does Is Bad For America

The American economy remains in dire straits, with one worker in six unemployed or underemployed. Yet Goldman Sachs just reported record quarterly profits and it's preparing to hand out huge bonuses, comparable to what it was paying before the crisis. What does this contrast tell us?

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