Comments on: Eliot Spitzer On Goldman Sachs

By: dburn

dburn — Sun, 09 Aug 2009 03:32:23 +0000

As I watched Spitzer I did a quick look-up and saw that Goldman Sachs had set aside 11.36 billion in compensation and benefits for the first 6 months of the year. That’s an amazing figure when one considers that Indiana sufferers from a 7 billion dollar deficit in unemployment benefits alone in a scenario being repeated across the country.

Spitzer didn’t spend enough time on the fact that Goldman is trading for it’s own account and doing very little of it’s traditional role of obtaining equity capital to bring promising companies public.

I guess when you run a 97% ( mathematical Impossibility) rate of positive trading days with 100 million a day for one’s own account , 44% of which goes to employee bonuses, why waste time and money bringing companies public to help restructure the economy for a measly 7% when their black box trading is doing the mathematical equivalent of blowing itself.

I guess we are jealous of Goldman because they can only do what dogs can do. Amazing no one asks them how they do that. Meanwhile The sounds from congress and treasury are whistles and crickets as Goldman crows about it in their quarterly conference call.

By: Mish

Mish — Fri, 17 Jul 2009 15:28:51 +0000

I don’t understand this mentality where intellectual indolence is absolutely acceptable but calling someone out for making an idiotic statement – that’s a no no.

You know what’s childish? Insisting on discussing a topic when you’re unwilling to put in any effort to understand the issues at hand. _That_ is what immaturity looks like – blabbering on and on, not because you have something to say but because you desperately crave the attention your parents never gave you.

By: misterb

misterb — Fri, 17 Jul 2009 04:05:20 +0000

Elliott Spitzer for Treasury secretary – two sacred cows at one blow
Sacred Cow 1 – that American politicians have to be eunuchs. I offerno justification for Spitzer’s actions – they are irrelevant to everyone but his family
Sacred Cow 2 – that the Federal government should be “friendly” with the bloodsuckers on Wall Street,
unfortunately there is no penalty for being “caught in bed” with Goldman-Sachs.

By: Daily Digest for July 16th

Daily Digest for July 16th — Thu, 16 Jul 2009 08:40:59 +0000

[...] Shared Eliot Spitzer On Goldman Sachs [...]

By: tragicgap

tragicgap — Thu, 16 Jul 2009 07:39:07 +0000

Yes, Matt Taibbi is as talented a provocateur as he is a writer. However, I’m hoping that T/S does not become overrun with too many Taibbi groupies – crassly insulting anyone with a difference of opinion or ignorant perspective. They are plenty of amateur blogs for that.

I take issue with some of the childish remarks he has made toward other contributors who were in no way breathing fire at his posts. I must admit, his writing, in addition to being accurate, is addicting.

By: Serena DiPitti

Serena DiPitti — Thu, 16 Jul 2009 04:58:42 +0000

I don’t believe Goldman made any profit. I think they simply used taxpayer bailout funds as necessary to juggle their garbage “assets” in order to resell them to willing accomplices or unsuspecting investors.

The great thing about Eliot Spitzer is that he at least had enough class to make a mutually-agreeable business arrangement with the gal he was F*&$!ing – - – unlike GS and their co-conspirators, who’ve nailed us without offering anything in return.

By: Serena DiPitti

Serena DiPitti — Thu, 16 Jul 2009 04:33:18 +0000

And I bought it off the newsstand – but I’ll be happy to subscribe as well.

I’m glad to see we have at LEAST ONE media source that is not already PRESOLD to the banking oligarchy.

By: kramer

kramer — Thu, 16 Jul 2009 02:10:11 +0000

Ha. Me too.

By: par4

par4 — Thu, 16 Jul 2009 01:36:38 +0000

You should read some of the 9/11 truther comments Matt has gotten on other sites.

By: jackreynolds

jackreynolds — Wed, 15 Jul 2009 23:37:59 +0000

Fox News has recently seen a spate of analysts/guests with stripper names. One was a man named John Tabacco. If that were my name, I’d definitely go by Johnny. Before that was a female analyst whose name on the chyron came out “SE CUPP.” The best one was a woman with very strong facial features who went by her full name “Jennifer Millerwise Dyck” (pronounced ‘dyke’) and used to work for Dick Cheney. Fox has suddenly become funnier.