Editorial Board

Goldman Sachs and the Price of a Can of Beer

Stories about banks conspiring against the public are always in demand. So it was unsurprising to see these sentences the other day on the front page of the New York Times: “Hundreds of millions of times a day, thirsty Americans open a can of soda, beer or juice. And every time they do it, they pay a fraction of a penny more because of a shrewd maneuver by Goldman Sachs and other financial players that ultimately costs consumers billions of dollars.”

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