Monday, March 16, 2009

Goldman Sachs Etherized Upon a Table;

Let us go then, you and I,
When the evening is spread out against the sky
Like a patient etherized upon a table;

..."So the gross sum received by Goldman from the US Federal Reserve, via AIG, was $13bn.
What that shows is Goldman would have been in the deepest, darkest doo-doo, if AIG hadn't been put on life support.".....
Great stuff from the Peston via the link


Nick Drew said...

ooooh, and, err, remind us where Hank Paulson came from ...?

Newmania said...

Yes Nick this rather feels into a growing suspcion I have that moral hazard uis the true root of the problem and we have just nmade it a lot worse

Nick Drew said...

there is a great Dilbert cartoon where Dogbert the evil consultant comes in and says to the boss

I can show you how to loot this place and escape

it's just looting

(and pillage)

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