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New York, 11:44 PM
Mon Nov 30
60 posts in the last 24 hours

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  • posts about #banksters more →

    Goldman Tells Employees Not to Have Christmas Parties in Their Homes

    How the Credit Rating Agencies Engineered the Goldman Sachs Bailout

    Goldman Sachs Hates Pays Promptly for the Medical Costs of Adorable Kittens

    Women, Children and Goldman Sachs Bankers First

    Yearbook Page Reveals Jamie Dimon's Lifelong Tight-Jeans Obsession

    AIG Only Wanted to Give Goldman Sachs 40 60 Cents on the Dollar, Then Geithner Stepped In

    AIG Doesn't Know How Many Millions of Dollars It's Paying Its Execs to Fail

    Rich Guys Who Got Federal Money Won't Get Richer This Year

    Goldman Sachs Executive and British Lord Finds Inequality Quite Tolerable

    Goldman Sachs Censors Gawker
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    Dsmvwl  Admin  Promote to frontpage Approve user Ban user ×
    Image of Hiroine Protagonist Hiroine Protagonist
    11/20/09

    In reply to Goldman Tells Employees Not to Have Christmas Parties in Their Homes
    I cater part-time and this is why I'm having trouble paying my rent this month. Viva la revolucion!
     Reply
    Hiroine Protagonist was starred Hiroine Protagonist was unstarred
    Image of son of spam son of spam
    11/20/09

    In reply to Goldman Tells Employees Not to Have Christmas Parties in Their Homes
    Don't be a stranger over here, Carney.
     Reply
    son of spam was starred son of spam was unstarred
    Image of Lizawithazee Lizawithazee
    11/20/09

    In reply to Goldman Tells Employees Not to Have Christmas Parties in Their Homes
    When parties are outlawed, only outlaws will have parties.
     Reply
    Lizawithazee was starred Lizawithazee was unstarred
    Image of Btwbfdimho Btwbfdimho
    11/20/09

    In reply to Goldman Tells Employees Not to Have Christmas Parties in Their Homes
    But what about Hannukkah?
     Reply
    Btwbfdimho was starred Btwbfdimho was unstarred
    Image of Seeräuber Jenny Seeräuber Jenny
    11/20/09

    In reply to Goldman Tells Employees Not to Have Christmas Parties in Their Homes
    No marzipan Santa statuettes peeing eggnog made with vintage rum?
     Reply
    Seeräuber Jenny was starred Seeräuber Jenny was unstarred
    Image of misslinda misslinda
    11/20/09

    In reply to Goldman Tells Employees Not to Have Christmas Parties in Their Homes
    So now the catering industry has to suffer, too?
     Reply
    misslinda was starred misslinda was unstarred
    Image of Lymed Lymed
    11/20/09

    In reply to Goldman Tells Employees Not to Have Christmas Parties in Their Homes
    Jewish employees will be receiving a list of their Christian coworkers addresses and are expected to show up on Christmas Day to make sure they are not celebrating and to make sure their children are not receiving inappropriately large gifts. Christian coworkers are expected to visit their Jewish coworkers' homes throughout the 8 nights of Channukah.
     Reply
    Lymed was starred Lymed was unstarred
    Image of kerrington.steele kerrington.steele
    11/20/09

    In reply to Goldman Tells Employees Not to Have Christmas Parties in Their Homes
    why is the Saints' field goal kicker posting for Gawker/Business Insider? also, what is the Business Insider?
     Reply
    kerrington.steele was starred kerrington.steele was unstarred
    Image of uncle_wiggly uncle_wiggly
    11/20/09

    In reply to Goldman Tells Employees Not to Have Christmas Parties in Their Homes
    The parties are cancelled because the GS executives know the true meaning of Xmas. This year they have started adding temps to their books when reporting their Bonus figures. By adding the temps they are representing that the average Bonus per employee has shrunken... meanwhile the Execs are enjoying the same supersized bonus that they've always had. Perhaps there's also a Starbucks giftcard in it for temps.
     Reply
    PaisleyPajamas promoted this comment uncle_wiggly was starred uncle_wiggly was unstarred
    Image of Unsolicited Advice Unsolicited Advice
    11/20/09

    In reply to Goldman Tells Employees Not to Have Christmas Parties in Their Homes
    Wait...clusterstock is reporting on Gawker?

    Is this an acquisition?
     Reply
    Unsolicited Advice was starred Unsolicited Advice was unstarred
    Image of Gabriel Snyder Gabriel Snyder
    11/20/09

    @Unsolicited Advice: Just a syndication deal.
     Reply
    Gabriel Snyder was starred Gabriel Snyder was unstarred
    Image of narnio narnio
    11/20/09

    @Gabriel Snyder: can you be a bit more specific? i mean it makes a bit of sense when you post henry's "rich people porn" - but when the content is something you could easily have sourced, opined about and published on your own... its curious.
     Reply
    narnio was starred narnio was unstarred
    Image of Gabriel Snyder Gabriel Snyder
    11/20/09

    @narnio: It's a pretty simple arrangement: Business Insider publishes some of the posts they like on Gawker and we do likewise. The two sites have pretty different audiences and this allows us to introduce BI to our readers and vice versa.

    #tips
     Reply
    Gabriel Snyder was starred Gabriel Snyder was unstarred
    Image of narnio narnio
    11/20/09

    @Gabriel Snyder: fair.
     Reply
    narnio was starred narnio was unstarred
    Image of Unsolicited Advice Unsolicited Advice
    11/20/09

    @Gabriel Snyder:

    I like it.

    Glad you guys got along so well after the bounty. Guess this means no competing property short-term, eh? I'd always wondered why Mr. Nick Leeson's Trading Account didn't have a finance property, I guess it's going to stay that way.
     Reply
    Unsolicited Advice was starred Unsolicited Advice was unstarred
    Image of Knight_Of_The_Burning_River Knight_Of_The_Burning_River
    11/20/09

    In reply to Goldman Tells Employees Not to Have Christmas Parties in Their Homes
    The party where they take our tax dollars, fill a pool with them, swim, then light them on fire is still on, though, right?
     Reply
    KikiCanuck promoted this comment Knight_Of_The_Burning_River was starred Knight_Of_The_Burning_River was unstarred
    Image of GORDONGARTRELLE GORDONGARTRELLE
    11/20/09

    In reply to Goldman Tells Employees Not to Have Christmas Parties in Their Homes
    CUT TO: frenzied streeteasy.com discussion about how this is great for New York Real Estate because Goldman employees will buy second apartments so they can have parties in their "vacation homes" and escape the ban.

    Buy now or be priced out forev-*OOF*!
     Reply
    marin79 promoted this comment GORDONGARTRELLE was starred GORDONGARTRELLE was unstarred
    Image of drunkexpatwriter drunkexpatwriter
    11/20/09

    In reply to Goldman Tells Employees Not to Have Christmas Parties in Their Homes
    So, they have to do their annual orgy at a sex club instead?
     Reply
    drunkexpatwriter was starred drunkexpatwriter was unstarred
    Image of davidkmin davidkmin
    11/18/09

    In reply to How the Credit Rating Agencies Engineered the Goldman Sachs Bailout
    The credit rating agencies obviously were a huge problem in this disaster, but blaming them, alone, for AIG is pretty asinine. There were a whole number of issues with AIG, including the fact that all of the i-banks (including Goldman) who did business with AIG knew that AIG's credit rating was problematic (after all, they do their own due diligence, with people who are paid a lot more than S&P's analysts).

    The problem with the rating agencies is that they were being asked to be the gatekeepers/quasi-regulators in a scheme of private securitization where everyone's incentives are skewed. The whole promise that an unregulated private label securitization could be more efficient and better managed than if it were regulated is the key here. You can replace the rating agencies all day, but unless you start aligning incentives at the origination, securitization, and marketing levels, you'd still have this problem.

    The reason the GOP is blaming the rating agencies and Fannie Mae/Freddie Mac for the crisis is because if you buy into their silly narrative (as the author of this post clearly has), you can maybe pretend that this whole crisis isn't in fact a massive indictment of their ideological worldview that unregulated markets can produce optimal outcomes. Because if you don't believe that, then you basically have no reason to ever vote Republican again, other than because you hate minority groups.
     Reply
    Kaila Hale-Stern approved this comment davidkmin was starred davidkmin was unstarred
    Image of ShinjukuAce ShinjukuAce
    11/17/09

    In reply to How the Credit Rating Agencies Engineered the Goldman Sachs Bailout
    Is there any reason these people are not in jail? Knowingly giving false ratings to securities should be treated as criminal fraud. #aig
     Reply
    Z und Vielpunkt's chick promoted this comment ShinjukuAce was starred ShinjukuAce was unstarred
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