Saturday, Jun 27, 2009
Gotta go Lucas, I've got a blog article to add
Reuters: Goldman Sachs responds to Taibbi
I just got off the phone with Lucas van Praag, the top flack at Goldman Sachs, who called Matt Taibbi’s piece on the bank “hysterical”.
Posted by devo @ 10:33 PM (579 views) Add Comment
3 Comments
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1. devo said...
True or false? :
Goldman positions itself in the middle of a speculative bubble, selling investments they know are crap. Then they hoover up vast sums from the middle and lower floors of society with the aid of a crippled and corrupt state that allows it to rewrite the rules in exchange for the relative pennies the bank throws at political patronage. Finally, when it all goes bust, leaving millions of ordinary citizens broke and starving, they begin the entire process over again, riding in to rescue us all by lending us back our own money at interest
2. Johnny5thumbs said...
Good work devo ! Keep on it.
3. rotten tomato said...
Brilliant and true assessment devo!
Don't you think it's high time for a new Pecora commission? Not if Obama a.k.a. Hoover II has his way.