The Upside of 'Too Small to Fail'…Goldman Sachs in the Murderhole

I liked how my pal ‘Fly’ summed up today’s market action ‘ Welcome to the Murderhole ‘:

Anyone else find it disturbing that Goldman’s personal emails are being broadcasted and published for the world to see? Who the BLEEP do these Congressmen think they are? I know it’s part of the “investigation” at hand. But I just think people are way too docile when it comes to personal privacy. The reality is, we are living in a benign police state, where everything is monitored and everything is punishable by way of BLEEP BLEEP prison terms. BLEEP those people on capital hill, twice over, with cacti.

I am way too apathetic. I used to complain and bitch all the time, but I found the right combo of medicine. I just BLEEPED the fly for god’s sake.

Context is a bitch. No one survives under the light Goldman Sachs is under.

The simple life is not so bad at times like this.

4 comments

  1. Dave Pinsen says:

    2009 would have been a great year for Goldman Sachs to lay low and be good citizens. Take some of the record profits they made off of the Fed’s free money and do something other than give themselves huge bonuses. Just for one year maybe play it cool. Leave some money on the table.

    Take some of the cash not spent on huge bonuses and hike the dividend. Take a little of it and start a foundation or something for wounded veterans (Yeah, I know GS already does philanthropy, but the average American wouldn’t give a crap about the big nature park GS bought in Tierra Del Fuego even if he knew about it). Have Owen West run it. Have Owen West get more TV time than Lloyd Blankfein.

    If GS played it that way in ’09, maybe they wouldn’t be in the jackpot today.

    BTW, re Goldman, see also Falkenstein on “Lloyd Blankfein’s Alpha Deception”.

  2. Dave Pinsen says:

    2009 would have been a great year for Goldman Sachs to lay low and be good citizens. Take some of the record profits they made off of the Fed's free money and do something other than give themselves huge bonuses. Just for one year maybe play it cool. Leave some money on the table.

    Take some of the cash not spent on huge bonuses and hike the dividend. Take a little of it and start a foundation or something for wounded veterans (Yeah, I know GS already does philanthropy, but the average American wouldn't give a crap about the big nature park GS bought in Tierra Del Fuego even if he knew about it). Have Owen West run it. Have Owen West get more TV time than Lloyd Blankfein.

    If GS played it that way in '09, maybe they wouldn't be in the jackpot today.

    BTW, re Goldman, see also Falkenstein on “Lloyd Blankfein's Alpha Deception”.

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