Tag Archives: World Economic Forum

Why the World Economic Forum and Goldman Sachs are Capitalism’s Worst Enemies

By William K. Black

It is fitting that Goldman Sachs is the recipient of this year’s “Public Eye” designation, but it is even more fitting that it is being announced during the World Economic Forum (WEF) at Davos.  Goldman Sachs exemplifies the travesty that WEF has created.  It is not the worst of the worst.  It is representative of the financial world of systemically dangerous institutions (SDIs) that are spreading crony capitalism through the West.  The SDIs are the so-called “too big to fail (or prosecute)” banks.

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