"Government Sachs"

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stilltrucking
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"Government Sachs"

Post by stilltrucking » April 28th, 2010, 12:20 pm

Continuing to talk about himself in the third person, he wrote, “Standing in the middle of all these complex, highly levered, exotic trades he created without necessarily understanding all the implications of those monstruosities!!! Anyway, not feeling too guilty about this. ...”

In an e-mail to his girlfriend, he called his “Frankenstein” creation “a product of pure intellectual masturbation, the type of thing which you invent telling yourself: ‘Well, what if we created a “thing,” which has no purpose, which is absolutely conceptual and highly theoretical and which nobody knows how to price?’ ”

In another e-mail to her, he blithely joked that he was selling toxic bonds “to widows and orphans that I ran into at the airport.” At least the Fabulous Fab had the good manners to cloak his feelings of fabulousness in front of the committee and put on an earnest mask. Luckily for Goldman, greed may trump ethics. The firm’s stock closed higher Tuesday. Wholesale olive oil closed higher as well.

http://www.nytimes.com/2010/04/28/opini ... ef=general

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stilltrucking
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Post by stilltrucking » April 28th, 2010, 1:38 pm

Stewart Rips Senate For 'Impotent Rage' During Goldman Sachs Hearing (VIDEO)

http://www.huffingtonpost.com/2010/04/2 ... 54873.html
Last edited by stilltrucking on April 30th, 2010, 4:08 am, edited 1 time in total.

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Post by stilltrucking » April 30th, 2010, 4:04 am

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