Yesterday’s Wall Street Protest: A Good Time Was Had by All
Costumes, floats, and shiny sunglasses. Yesterday's demonstrations were fun!
Skip to content, or skip to search.
Skip to content, or skip to search.
"We lost money, then made more than we lost because of shorts."
Apparently, Obama's use of the phrase "financial weapons of mass destruction" set off some whispers in the Goldman seats.
"We weren't consulted about the particular position," spokesman says of Goldman's new adviser.
"In light of recent events involving the firm, we appreciate the support of our clients and shareholders, and the dedication and commitment of our people."
Execs including Blankfein got involved when housing market began to collapse, paper says.
Hell hath no fury like a hedge-fund manager scorned.
The Goldman VP was impressed with himself for figuring out how to game the system with "complex, highly leveraged, exotic trades he created without necessarily understanding all of the implications!"
Says the firm let hedge-funder John Paulson pay them to structure a crappy CDO, then sold it to clients like it was awesome.
But it wasn’t like he didn’t know what was going on, okay?
The furor over Greece is just one of many small panics we can expect to see in the coming years.
politics, business, goldman sachs, media, barack obama, lloyd blankfein, crossing over, sec, fi-cri fallout, gossipmonger, ink-stained wretches, wall street, early and often, fabrice tourre, oh albany!, wall street journal, mayor bloomberg, the supremes, andrew cuomo, arizona, gwyneth paltrow, in other news, lindsay lohan, media metamorphoses, video, chuck schumer, eliot spitzer, financial regulation, john paulson, larry king, new york times, real estate, sad things, stand clear of the closing doors, the most important people in the world