Wednesday, April 28, 2010

Quote of the day: Bess Levin on the Goldman hearings…

Bess Levin is truly wonderful:

Apparently Goldman didn’t just hurt its clients, it hurt everyone in the world. Take a moment right now to show us on the doll where Goldman touched you.

7 comments:

MFM said...

pretty amazing political/financial theater, making the grillings the likes of Bernanke and Geithner are regularly subjected look like a cake walk

I don't know which was worse, the inability of GS employees to show just a hint of remorse, or the Senators complete inability to grasp the mechanics of an institutional market making business....

But What do I Know? said...

In the wallet, bien sur.

MikeT said...

They can't show remorse because that would be an admission of guilt, which would lead to much, much worse punishments for the firm.

That's why they are stonewalling on every front.

Anonymous said...

Typical Senate dog and pony show intended purely for public consumption.

It's not like these political bogans know a thing about how finance is structured.

It's all intended to shake down as much future campaign contributions from Goldman, and other financial institutions.

Drive thru.

anon,

Robert Dobb

Nemo Incognito said...

Pretty funny stuff, that coverage got so surreal I wonder if Hunter S Thompson could have done better (probably not).

Anonymous said...

Speaking of past performance.... we should actually pay mind to these bullsh*t artist?

http://blogs.indystar.com/varvelblog/archives/2010/04/goldman_sachs_h.html

Nick said...

Why on earth would they show any remorse if they didn't do anything wrong?

Oh wait, that's why, PREJUDICE.

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