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Goldman-Sachs Executive's Exposé

Posted: Thu Mar 15, 2012 5:01 pm
by Number Six
http://www.nytimes.com/2012/03/15/busin ... &st=Search

This op-ed yesterday sent shock waves through the company. What do you suppose are his chances of keeping his stock-options or other perks connected to his employment there?

As Matt Taibbi notably said, Goldman is a "great vampire squid wrapped around the face of humanity" in his "Rolling Stones" article.

Re: Goldman-Sachs Executive's Exposé

Posted: Thu Mar 15, 2012 6:01 pm
by Judge Roy Bean
This is nothing new for Blankfein's operation; last year they paid over half-a-billion in a settlement with the SEC and Fabrice Tourre was also charged. If you go back into the last decade there was another settlement for $40M.

And lets not forget Goldman board member Rajat Gupta nor the on-going SEC investigation into mortgage bond operations.

It's a cultural thing. Fines are just a cost of doing business.

Re: Goldman-Sachs Executive's Exposé

Posted: Fri Mar 16, 2012 9:52 am
by Doktor Avalanche
This being the same guy who worked there for 12 years, made half a million a year salary-wise and checked out right after he got his bonus check?

Yeah...screw him.

Re: Goldman-Sachs Executive's Exposé

Posted: Fri Mar 16, 2012 4:51 pm
by Number Six
I don't know what Matt Taibbi's bias was but his article went a lot further than Mr. Smith's: http://www.rollingstone.com/politics/ne ... e-20100405