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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.
By Ezra Klein / The Bulletin
March 17, 2012
For Goldman Sachs, the real damage of the past two days didn’t come from disgruntled trader Greg Smith’s resignation op-ed. It came from Goldman’s defenders.
Many of the replies said, either explicitly or in effect, of course Goldman rips off its clients if doing so will help it make money. Only....