Tonight, I wanted to write about how fucked up things are in Uganda, where they’re now considering the death penalty for homosexuality, about how Obama is going back on his promise to negotiate the details of the healthcare bill in the light of day, and how it looks as though Treasury Secretary Timothy Geithner may […]
Tag Archives: Goldman Sachs
The unrepentant sons-of-bitches who are fighting banking reform
It’s been one year since the investment bank Lehman Brothers went belly up, putting into motion a chain of events that would culminate in some $600 billion in American taxpayer money being given away to corporations like AIG, Bank of America and Goldman Sachs. To commemorate the day, and breath new life into his stalled […]
Posted in Economics, Other, Politics, Uncategorized Also tagged AIG, Andrew Cuomo, bailout, Bank of America, banking reform, Capitalism, Capitalism: A Love Story, Corporate Crime, credit, derivitives, financial reform, gambling, Glass-Steagall Act, investment banking, Lehman Brothers, lending, loans, lobbyists, Michael Moore, Obama, other people's money, reckless behavior, Robert Reich, the short attention spans of Americans, unrepentant sons of bitches, Wall Street 9 Comments
Goldman Sachs, from bailout to billions in bonuses
I was just reading this piece in today’s New York Times on the enormous profits being posted by the investment bank Goldman Sachs, and I was reminded of an article I read a week or so ago in Rolling Stone by Matt Taibbi. Here are clips from both for your consideration. First, the New York […]
Posted in Corporate Crime, Economics, Politics Also tagged bailout, blood funnel, corporatocracy, financial bubbles, Matt Taibbi, New York Times, Rolling Stone, taxpayer money, vampire squid 8 Comments