Prize

........... Recipient of the 2010 MacDougal Irving Prize for Truth in Market Manipulation ...........

October 7, 2010

Goldman Sachs: Power and Peril

    CNBC showed this documentary last night, and will run it again late tonight and in prime time Sunday and probably some more down the road.  Catch it, watching the faces of current and former Goldman employees closely, and keep asking yourself the following question:


    1) Can you see there, written vividly all over every single facial expression, that each one of these people lucked into this company and has absolutely no chance to make millions a year anywhere else ever again, knows full well that the entire Goldman enterprise centers around robbing customers blind, and is going to say or do anything to protect that business and their personal millions no matter what it takes, knowing full well that he or she has become a total crook, which is okay now because it makes him or her obscenely rich, and also knows that everybody in the world knows that too, so with the ones being interviewed by David Faber, each has to get through the interview being shown to viewers who will all think they’re scum however they try to wriggle away from what everyone in that company did and still does,

2) or not?
 
    I think the pack of them find the situation hilarious, and can't wait to get back to their culture and share how funny the above question and their part in it is.