So what happens if the biggest Wall Street players - Goldman Sachs, J.P. Morgan - wind up with a majority equity stake in, say, radio networks, maybe ultimately TV stations, newspapers and magazines?
Via Taibbi - Tyler Durden over at Zero Hedge says don’t look now, but it’s happening:
And lest someone think that this yet another […]

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In which Morgan Stanley plans to “repackage” CDOs - collateralized debt obligations, otherwise known as “batches of stinky loans” - into AAA-rated securities.
You know what the greatest indictment of the Obama administration is? It’s that at a time when change is desperately needed - in the financial industry in particular - nothing is changing at […]

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