Posts Tagged ‘Goldman Sachs’

A Defense Of Goldman Sachs

Michael Lewis has an entertaining, tongue-in-cheek defense of Goldman Sachs on Bloomberg. Here is his rebuttal to Rumor Number 1: Rumor No. 1: “Goldman Sachs controls the U.S. government.” Every time we hear the phrase “the United States of Goldman Sachs” we shake our heads in wonder. Every ninth-grader knows that the U.S. government consists […]

Do You Blame The Goldman Monster Or Its Creator?

John Carney has an excellent piece over at Clusterstock on the rising animus towards Goldman Sachs. Here’s John: It’s taken some time but finally people from all over the political spectrum are looking up and noticing that the banner waving on the flagpole stands for Bailout Nation rather than the land of the free. And […]

The Journal Beats Down Goldman

When one of your ardent supporters likens your business model to that of Fannie and Freddie you have problems. That is how the Wall Street Journal on its editorial pages described the Goldman Sachs that has emerged from the financial crisis. From the Journal: Of course, if the feds do let CIT fail, this will […]

What Recession?

If you wondered why Goldman was in such a hurry to pay back its TARP money, this might help explain it. From the Guardian: Staff at Goldman Sachs staff can look forward to the biggest bonus payouts in the firm’s 140-year history after a spectacular first half of the year, sparking concern that the big investment banks […]