Feeding the Hand That Bites You Some of New York’s biggest companies, including Wall Street giants Goldman Sachs and Citigroup, received doses of swine flu vaccine for at-risk employees, drawing criticism that the hard-to-find vaccine is going first to the privileged. “Wall Street banks have already taken so much from us. They’ve taken trillions of...Read More
“Goldman Sachs Leadership Arraigned,” Says U.S. Attorney Michael Moore, in his new movie, “Capitalism: A Love Story,” shows up in Goldman Sachs’ Wall Street lobby to make citizens’ arrests of senior Goldman officials. Puh-leeze!Here’s what Michael Moore should have demanded instead (whoever said we didn’t need new laws to clean up financial corruption . ....Read More
How the Billions Are Made Today John who? If you didn’t know, John Paulson (no relation to former Treasury Secretary and Goldman Sachs chief Henry Paulson), apparently is the guy who’s made the most money the last two years or so. In the world. After making $4 billion or so in 2007, Paulson made another...Read More
Why Be a Goldman Sachs Client? I’d rather have the SOB in the tent and pissing out, then the other way around. –Lyndon Baines Johnson He may be a son of a bitch, but he’s our son of a bitch. –FDR It’s a question that’s been gnawing at me since at least last December, when...Read More
Realtors’ Water Carrier in Chief Who is the world’s most powerful Realtor? No, it’s not the head of the National Association of Realtors, a local Board president, or the top-selling Realtor nationally. Hint: he’s actually the world’s most powerful ex-Realtor. I don’t think I’d get much argument that it’s Georgia Senator Johnny Isakson. Isakson was...Read More
“It Depends on What the Definition of ‘Is,’ Is” Too much risk is just as bad [as too little]. Just ask the financial wizards at American International Group who ended up on the wrong side of tens of billions of dollars in financial contracts, almost bringing down the world’s biggest insurer. –Andrew Ross Sorkin, “Taking...Read More
