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Thread: Why a senior executive is leaving Goldman-Sachs

  1. #11
    Wireline's Avatar
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    That was another thing that didn't surprise me at all, really. Seeing someone come out of the closet did, though. Transparency and all that, y'know.

    One question - since the gubmint is plumb full of Wall St people, and Wall St is doing fairly well right now, why is the gubmint setting record after record in fail? Aren't they supposedly the same people?
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    Quote Originally Posted by Wireline View Post
    That was another thing that didn't surprise me at all, really. Seeing someone come out of the closet did, though. Transparency and all that, y'know.

    One question - since the gubmint is plumb full of Wall St people, and Wall St is doing fairly well right now, why is the gubmint setting record after record in fail? Aren't they supposedly the same people?

    They are the same people, but it doesn't matter if they work at Goldman Sachs or the White House, they work only for themselves. Remember, the game is rigged. Profits and success lines their pockets, while losses are spread evenly out amongst the taxpayers.
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  3. #13
    mfassett is offline Gold Club Member (1000+ posts)
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    I think this is news only if you aren't paying attention.

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    PookyNR is offline 3D VIP 2005, '06, '07, '08, '09, '10, '11, '12, '13, '14
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    Quote Originally Posted by mfassett View Post
    I think this is news only if you aren't paying attention.
    I'm not claiming it's new news. What I am saying is that it's interesting how even the industry itself is become sick with it's own greed. The fact that this guy (of no small position) made such a bold move is significant.
    Am I the only one without a small type signature?

    Nathan

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    What about Corzine? I truly believe that if this guy was an (R), he would be portrayed as an evil 1% guy, corrupt in all things wealthy, and be hung out to dry. This would be front page news, and he would probably be tied to Bush, Romney, and even Abe Lincoln. Since he is a (D), he seems to be skating relatively easily. Now it appears he has lied in Congressional testimony...

    http://www.politico.com/news/stories/0312/74419.html
    Todd Robbins
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  6. #16
    Wireline's Avatar
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    That's OK...he is usually forgiven, and often encouraged to lie to Congress. In some cases, people are rewarded handsomely, Corzine being no exception. Remember, Martha Stewart went to prison, Corzine will likely be canonized
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