Crony Capitalism

Was Goldman Sachs Tipped Off About the Unemployment Number in Advance?

08/11/2009 • Economic Policy Journal

John Crudele is justifiably suspicious. He writes: Another curious thing happened before the employment report was made public. Sometime before late afternoon Thursday, Goldman Sachs suddenly broke with the Wall Street pack that was predicting a loss of 320,000 or so jobs in July.