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

3 comments:

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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