goldman sachs

Well that was fast! The media has already, as Hamilton Nolan astutely predicted, turned on Greg Smith, the former Goldman Sachs analyst turned writer. You might remember Greg Smith from the scathing Op-Ed he wrote in the New York Times back in April, announcing his resignation from Goldman Sachs and revealing that their corporate culture [...]

Good news, bankers! Our long national nightmare of no accountability and massive golden parachutes is behind us so let there be champagne, caviar, and get out of jail free cards for all because the entire financial crisis is forgiven and we can all go back to blaming Poors and Political Correctness for causing the housing [...]

The problem with retail banking, see, is that even Poors can sometimes scrape enough money together to get a bank account or a loan, and then they’re all blah blah blah, you are foreclosing on my house by mistake, or blah blah blah, I will not pay your $5 fee, and then sometimes they will [...]

Let it never be said that Michael Bloomberg, the charitable billionaire currently serving in the 11th year of a midlife vanity project called “being mayor of New York City,” ignores his constituents in their time of need. Just yesterday, a lil’ start-up investment house in Manhattan called Goldman Sachs was all down on its luck [...]

The mentally ill dingbats at Fox and Friends devoted part of their program to calling kindly mom lady protester Stacy Hessler “disgusting filth” because she was so moved by the Occupy Wall Street protests that she left her teenage kids at home with their dad in Florida to participate at Zuccotti Park. B-b-but a woman’s [...]

Great news, everybody: After deliberately failing to help millions of American families stuck in vulture mortgages, the U.S. government is now giving those foreclosed homes to Wall Street for pennies on the dollar so that Wall Street can then rent the now-vacant foreclosures back to the same people pushed out during the Wall Street-caused housing [...]

The weird mutants staffing Darrell Issa’s House Oversight Committee are for once being documented mutants: Issa staffer Peter Haller, who mostly scribbles furious letters to government regulators demanding they quit harassing Goldman Sachs with horrible strict rules like, “at least use condoms when you’re screwing everyone,” was also Peter Simonyi who dealt with government regulators as [...]

Taxes on the rich would be very, very bad. All Americans learned this from our first constitutional president, Ronald Reagan, which is why his illegitimate son — the Keynesian Kenyan economist Barack Obama — keeps prattling on about the need for the top 1% to pay their “fair share.”  But as common-folk hero Eric Cantor [...]

The Senate Permanent Subcommittee on Investigations said on Wednesday that Goldman Sachs “misled investors selling mortgage-backed investments it knew would fail” and that executives from the bank had also “misled Congress in a testimony given in 2010.” And now all the thieving, lying bankers who ruined America will be sent to Bagram Fun Palace. Just [...]

Tony Hayward’s exploding wellhead is not completely perpendicular, which is dangerous and also really gross to think about! [Think Progress] Filesharing, you know, “Pirate Bay Kazaa” or whatever, is actually good for Taylor Swift and other hip-hop musical artists. [Matt Yglesias] Orlando named a new stretch of asphalt “President Obama Parkway,” and the folks at [...]

Were you all bummed out because the Goldman Sachs investigation was just this wimpy little civil suit from a bunch of bureaucrat nobodies at the SEC, whose only enforcement power is imposing tiny fines on impossibly rich people? Fear not! Now federal prosecutors are sniffing around this slimy cadre of villains. Soon there will be [...]

This article about Goldman Sachs’ legal/lobbying/PR team is completely terrifying. The team includes Obama’s ex-White House counsel Greg Craig, as you know, but also Ken Duberstein, Harold Ford Senior, former SEC commissioner/Shelby aide Richard Roberts, PR sleaze Mark “Master of Disaster” Fabiani, Dick Gephardt, and “a veteran former regulatory reporter for the New York Times.” [...]

Much like elderly penguin Carl Levin, Claire McCaskill was forced to utter the acceptable adult word “shitty” today while discussing internal Goldman Sachs e-mails that said “shitty.” So here she is apologizing to her mother and the state of Missouri, on the Twitter. But she owes an apology to Goldman Sachs most of all, as [...]

Have you been watching the important Goldman Sachs hearing in John McCain’s Senate all day? Oh shutup, you clearly do not have a job. Here’s the “most bloggable” clip thus far, of Carl Levin, who is old and great, maybe.

Serious professor Barack Obama stepped outside his White Castle just now to praise his new “Fiscal Commission,” which will use a bipartisan method to mathematically prove America is bankrupt and that Goldman Sachs is a front for an Alien Monster hedge fund, which is exactly what Stephen Hawking and Nouriel Roubini warned us about. That [...]


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