CounterSpin provides a critical examination of the major news stories every week, and exposes what the mainstream media might have missed in their own coverage. Combining lively discussion and a thoughtful media critique, CounterSpin is unlike any other show on the dial.

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Greg Gordon on Goldman Sachs, Phyllis Bennis on Israel/Palestine

Greg Gordon on Goldman Sachs, Phyllis Bennis on Israel/Palestine

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DATE : Fri, 06 Nov 2009 06:00:00 +0100
Entered in Database : 2009-11-06 05:00:00
length : 13463296
Link to the Show / Show Notes

This 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

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