Link to the Show / Show NotesThis week on CounterSpin: A new investigative series by McClatchy newspapers’ Greg Gordon reveals that in 2006 and 2007, Goldman Sachs sold more than $40 billion in securities backed by risky home mortgages, "but never told the buyers it was secretly betting that a sharp drop in U.S. housing prices would send the value of those securities plummeting." Sounds important. We’ll talk to Greg Gordon about his story.
Also on the show: Israel/Palestine is in headlines at the moment as the press engage both Secretary of State Hillary Clinton's changing line on settlements and the continued fallout from a UN report critical of Israel's actions in Gaza early this year. We'll talk with Phyllis Bennis, author of, among other titles, "Understanding the Palestinian-Israeli Conflict: A Primer."
LINKS:
--Goldman Sachs: Low Road to High Profits,
by Greg Gordon
--Phyllis Bennis