Lloyd Blankfein Recants

Goldman Sachs chief Lloyd Blankfein has turned! Speaking at the Handelsblatt banking conference yesterday, the CEO said that bankers and traders had behaved irresponsibly and that public backlash against their salaries was justified. Of course, he’s not offering to give back the $26 million Central Park penthouse he bought last year. I mean, what areContinue reading “Lloyd Blankfein Recants”

THE GREAT AMERICAN BUBBLE MACHINE

Note: THE GREAT AMERICAN BUBBLE MACHINE was originally published in Rolling Stone. For whatever reason Jann “Yawn” Wenner hasn’t put a digital copy online. That may change. Fortunately there is a scanned copy in PDF form. Finally an OCR copy has been made and posted by – of all people – an SA goon namedContinue reading “THE GREAT AMERICAN BUBBLE MACHINE”

Goldman Sachs trying to silence critical blogger

Apparently they’re not cool with negative press under a domain name like goldmansachs666.com/. I don’t agree with a lot of what this guy is saying. In fact, some of it seems pretty nutty. Which is all the more reason to watch GS initiate the Streisand effect on this guy. He’s already got 90,000 some hitsContinue reading “Goldman Sachs trying to silence critical blogger”