As small business owners continue to struggle in this economy with the unavailability of credit to sustain and grow their business, here’s some dirty details on how Wall Street bankers gamed the system.
SEC investigating how Goldman Sachs and friends gamed the system
Goldman Sachs and others were trading in Collateralized Debt Obligations (CDOs), the credit default swaps that made Goldman, Morgan Stanley, Deutsche Bank and other smaller firms billions—much of it coming from the pockets of their own clients.
Immoral? Yes. Illegal? We may soon find out.
The New York Times reports this …

Advice from America’s most expensive business consultant, Jay Abraham, who has advised such companies as Sears, AT&T, Weight Watchers, Federal Express and hundreds more. . .
Part I of II of a Q&A with Jay Abraham On Your Most Prized Asset in Business
Q: Jay, at the risk of wanting to kick myself when I hear it, what am I overlooking?
A: You will at least arch your eyebrows when I tell you it’s your current customers and the goodwill you have with them. You are very likely limiting the amount of …