"Last week Goldman Sachs agreed to pay a $550 million (£360 million) fine to settle accusations by the US regulators that it misled investors over a mortgage-backed security. It followed claims that the investment bank had - among other things - helped Greece to hide the true level of its indebtedness, played a key role in the 2008 US banking crashed and behaved like a "great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money" (Rolling Stone magazine)." (Times, 21 July) RD
The Glasgow & Edinburgh Branches Blog. Towards a better understanding of the world, in order to change it.
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Paternalism is a common attitude among well-meaning social reformers. Stemming from the root pater, or father, paternalism implies a patria...
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