Goldman Roiled by Op-Ed Loses $2.2 Billion
Goldman Sachs Group Inc. (GS) saw $2.15 billion of its market value wiped out after an employee assailed Chief Executive Officer Lloyd C. Blankfein
Thoughts on Goldman Sachs?
Started by
TakeAStepBack
, Mar 15 2012 12:59 PM
3 replies to this topic
#3
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- VibeTribe
- 4,913 posts
Posted 16 March 2012 - 08:23 PM
March 16, 2012 09:19 AM
NYC's Mayor Bloomberg: Stop Picking on Goldman Sachs
2 commentsBy Diane Sweet
New York City's Mayor Michael Bloomberg has come to the defense of publicly shamed Goldman Sachs, and calls the attention given to the scathing resignation letter in the New York Times by a Goldman executive "ridiculous."
On his weekly appearance on WOR Radio Friday, Bloomberg said that he had visited the company to express his support for the Wall Street giant.
Bloomberg says people should keep in mind that most of the company's clients are sophisticated corporations and financial institutions.
That's right, keep in mind that they are the sophisticated and elite 1 percenters, and not 99 percenters like the muppets of New York City.
The mayor, who got his start on Wall Street, says Goldman is "a company that's here to make money. That's what they do."
He says it's his job to support companies that provide a tax base for the city and employ its residents.
I doubt the muppets are shocked to hear Bloomberg publicly admit that his job is to support the 1 percent. I just hope he doesn't sick his "personal army" on them if they happen to ridicule the Wall Street giant. Especially after Goldman lost over $2 billion of its market value since the NYTs hit the news stands yesterday.
http://occupyamerica...op-picking-gold
my thoughts? i hope they fuckin tank.
NYC's Mayor Bloomberg: Stop Picking on Goldman Sachs
2 commentsBy Diane Sweet
New York City's Mayor Michael Bloomberg has come to the defense of publicly shamed Goldman Sachs, and calls the attention given to the scathing resignation letter in the New York Times by a Goldman executive "ridiculous."
On his weekly appearance on WOR Radio Friday, Bloomberg said that he had visited the company to express his support for the Wall Street giant.
Bloomberg says people should keep in mind that most of the company's clients are sophisticated corporations and financial institutions.
That's right, keep in mind that they are the sophisticated and elite 1 percenters, and not 99 percenters like the muppets of New York City.
The mayor, who got his start on Wall Street, says Goldman is "a company that's here to make money. That's what they do."
He says it's his job to support companies that provide a tax base for the city and employ its residents.
I doubt the muppets are shocked to hear Bloomberg publicly admit that his job is to support the 1 percent. I just hope he doesn't sick his "personal army" on them if they happen to ridicule the Wall Street giant. Especially after Goldman lost over $2 billion of its market value since the NYTs hit the news stands yesterday.
http://occupyamerica...op-picking-gold
my thoughts? i hope they fuckin tank.
#4
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- VibeTribe
- 8,442 posts
Posted 16 March 2012 - 08:51 PM
The long term significance of this is now "muppet" joins "vampire squid" in the popular Goldman vernacular. 
But seriously, I was really shocked by this. This is a much more biting criticism than the Rolling Stone article and from an insider too.
Unfortunately, Mr Smith will never find another job in this industry for as long as he lives, but he sure spoke his conscience.
But seriously, I was really shocked by this. This is a much more biting criticism than the Rolling Stone article and from an insider too.
Unfortunately, Mr Smith will never find another job in this industry for as long as he lives, but he sure spoke his conscience.
