MATT TAIBBI, ROBERT JOHNSON, and MICHAEL LUX on Goldman Sachs’s record profits, the company’s big bonus plans, and how backroom deals and taxpayer dollars were used to resuscitate the banking industry. Are they simply bold risk takers or the most brilliant financial coup makers in the history of capitalism?
GRITtv Live at Noon: Goldman Sachs: Brilliance or Bubble Machine?
| By: GRITtv Wednesday July 15, 2009 10:30 am |
8 Responses to “GRITtv Live at Noon: Goldman Sachs: Brilliance or Bubble Machine?”
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Taibbi’s recent piece in Rolling Stone: The Great American Bubble Machine.
Goldman Sachs fires back. Taibbi responds.
The more aggressively Goldman responds, the more assured we can be that Mr. Taibbi has hit a major nerve. Accordingly, he should continue following the facts wherever they might lead. Bravo!
Seems to me Goldman SacksTheTreasury doesn’t give damn what anyone thinks, they are going to do whatever money can buy and if they can’t make money they’ll just take it from the Treasury and use it to buy more.
When I voted for Obama for “change” I didn’t think the change I was voting for was the chump kind.
Great clip to end the interview! Love to hear Timmeh answer that question today in light of all the money that has continued to pour into Goldman Sachs. Can you hear me screaming?!?!!?
$13B from AIG – the figure that was too round to come out of Geithner’s crooked mouth.
Amen!