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Dominic Lawson Justifies Goldman Sachs

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I read Lawson's review of Money & Power: How Goldman Sachs Came to Rule the World in today's ST - don't think I can link it yet.

Lawson dismissed the calls for prosecution because what the bank had done in shorting securities it had sold to clients was understandable. Didn't go into whether or not it was wrong or fraudulent. Then he got all hissy about the perceived anti-semitism of criticism of the bank, and described Taibbi (vampire squid fame) as a gonzo journalist. Finally he suggests concerns over the bank's influence in Washington is pretty much conspiracy theory.

A bit annoying.

But he has previous on defending Goldman Sachs: from 2009 -

http://www.timesonline.co.uk/tol/comment/columnists/dominic_lawson/article6888959.ece

2006-

http://www.independent.co.uk/opinion/commentators/dominic-lawson/dominic-lawson-you-dont-have-to-make-lots-of-money-in-the-city-to-be-despised-but-it-helps-429561.html

He didn't address Eliot Spitzer's views (in interview with Taibbi):

http://edition.cnn.com/video/#/video/bestoftv/2011/04/15/exp.arena.prosecute.resign.spitzer.cnn?iref=allsearch

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Got to like Spitzer,

http://www.thelibertyunderground.net/2011/04/eliot-spitzer-to-goldman-sachs-you-lied.html?utm_source=BP_recent

Eliot Spitzer to Goldman Sachs: You Lied and should be Prosecuted

Eliot Spitzer challenges investment banker Goldman Sachs: "Sue me. You lied to the public. You should be prosecuted." during an interview with Sen. Carl Levin, chairman of the Senate subcommittee charged with investigating the causes of the financial crisis. Spitzer has been a vocal critic of the policies of The Federal Reserve and its chairman Ben Bernanke. He has voiced his concerns over how the bailout was carried out in the past.

Edited by OnlyMe

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I read Lawson's review of Money & Power: How Goldman Sachs Came to Rule the World in today's ST - don't think I can link it yet.

Lawson dismissed the calls for prosecution because what the bank had done in shorting securities it had sold to clients was understandable. Didn't go into whether or not it was wrong or fraudulent.

...sounds a bit defensive and appears to condone unethical practice ...and that's putting it mildly.....this does Lawson no favours... :rolleyes:

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<br />Got to like Spitzer,<br /><br /><a href='http://www.thelibert...ource=BP_recent</a><br /><br />Eliot Spitzer to Goldman Sachs: You Lied and should be Prosecuted<br />Eliot Spitzer challenges investment banker Goldman Sachs: "Sue me. You lied to the public. You should be prosecuted." during an interview with Sen. Carl Levin, chairman of the Senate subcommittee charged with investigating the causes of the financial crisis. Spitzer has been a vocal critic of the policies of The Federal Reserve and its chairman Ben Bernanke. He has voiced his concerns over how the bailout was carried out in the past.<br />

The bloke responding on the VIdeo is a Mason (they both are)

Looking over the top rim of the glasses is one of their 'signals' to each other (and others)!

The whole banking thang is orchestrated (Masonic Theatre) to take peoples minds off what they are up to out back!

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  • 312 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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