• Profile logout login

#goldmansachs

Gawker

Share Cancel
   
Upload an image | Add an image URL
×

logging in
  • FAQ. Include # before tag:
  • #tips,
  • #stalker,
  • #opencaption,
  • #internalmemos,
  • etc.

New York, 7:36 PM
Sun Nov 22
11 posts in the last 24 hours

Team

Tip Your Editors:
tips@gawker.com
Tipline: 646-214-8138

Editor-in-Chief:
Gabriel Snyder | Email

West Coast Editor:
Richard Rushfield | Email

Contributing Editors:

Valleywag:
Ryan Tate | Email

Media:
Hamilton Nolan | Email

Politics:
Alex Pareene | Email

Investigations:
John Cook | Email

Entertainment:
Brian Moylan | Email

Nights:
Adrian Chen | Email
Azaria Jagger | Email
Ravi Somaiya | Email

Weekends:
Foster Kamer | Email

Video Editor:
Richard Blakeley | Email

SUBSCRIBE TO Gawker RSS

New: Breaking news and daily top stories via email
4260 Subscribers
Gawker
  • posts about #goldmansachs more →

    NYT Editorial Board to Goldman Sachs CEO's Apology: Shove It

    Goldman Tells Employees Not to Have Christmas Parties in Their Homes

    So That's What a Blood-Sucking Vampire Squid Looks Like

    Goldman Sachs: Here's Some Money, Poor People. Now Shut Up About Our Bonuses

    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

    Goldman Sachs Makes a Lot of Money, Always

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

    Andrew Ross Sorkin in Pissing Match with His Own Newspaper
  • Your version of Internet Explorer is not supported. Please upgrade to the most recent version in order to view comments.
    Dsmvwl  Admin  Promote to frontpage Approve user Ban user ×
    Image of takeouteurotrash takeouteurotrash
    04:41 PM

    In reply to NYT Editorial Board to Goldman Sachs CEO's Apology: Shove It
    Brilliant article, regarding the AIG fury.

    [business.theatlantic.com]

    Also, it would be refreshing if NYT, from time to time, kept us guessing as to whether their populist rage would be released, day in/day out. At least they're consistent?
     Reply
    takeouteurotrash was starred takeouteurotrash was unstarred
    Image of momof3wildkids momof3wildkids
    04:37 PM

    In reply to NYT Editorial Board to Goldman Sachs CEO's Apology: Shove It
    I guess I don't understand why it is so bad that Goldman made a lot of money this year. Yes, they did it with the backing of tax payer dollars, but would you rather they suck like GM?

    So my question is how much money should GS have made this year without causing an uproar? I fear we are becoming a society that only embraces economic mediocrity.

    #greenwithenvy?
     Reply
    momof3wildkids was starred momof3wildkids was unstarred
    Image of onebadclam onebadclam
    04:50 PM

    @momof3wildkids: I don't mind Goldman turning a profit. I just think they should then make an effort to fill in this giant hole they did so much to dig.
     Reply
    onebadclam was starred onebadclam was unstarred
    Image of momof3wildkids momof3wildkids
    05:14 PM

    @onebadclam: I am w/you, but by paying bonuses which will be taxed aren't we also filling the treasury's coffers? If the profits were merely passed off to stockholders as some would wish, they would generally be taxed at a much lower capital gains rate (especially if you are employed by GS).

    I'd be more annoyed if they didn't turn a massive profit with all the propping up they are receiving. When you consider other companies that are being propped up -- I'm talking about you GM -- who still managed to lose billions (and claim they are making PROGRESS!!!), I'm ok with Goldman making bonuses which will be taxed at the top rate.
     Reply
    momof3wildkids was starred momof3wildkids was unstarred
    Image of atlasfugged atlasfugged
    05:38 PM

    @momof3wildkids: I don't think the issue is that Goldman made a lot of money. The issue that seethes pitchforks crowd is the incredible $16.7B in compensation that Goldman has allocated to paying its employees. This despite their role in facilitating the CDO/CDS markets that brought about the financial crisis; despite that its CDS contracts with AIG were honored in full at the expense of the taxpayer; despite their having benefited from the Fed's emergency lending programs - the risks of which are borne primarily by the government; and so on. If Goldman Sachs benefited from the government's invervention, then some taxpayers feel they are entitled to at least a slice of that benefit, beyond the abstract comfort of knowing the entire global economy didn't collapse. One can debate ad nauseum whether that such feelings of entitlement are justified. I won't. But, nobody is embracing economic mediocrity. And, certainly the economic vitality of the US does not depend on the profits of Goldman Sachs, or investment banks in general. I hope you weren't presuming that.
     Reply
    momof3wildkids promoted this comment atlasfugged was starred atlasfugged was unstarred
    Image of momof3wildkids momof3wildkids
    05:58 PM

    @atlasfugged: No, I am not presuming that US economic vitality is dependent on GS. I completely understand the sentiment that taxpayers are entitled to a slice of the pie. I think they are getting a slice of the pie in the form of taxes paid by the the company, income taxes from their employees, capital gains taxes from shareholders along with all the taxes paid by the vendors on all the goods and services GS purchased this year (yes, I do buy trickle down to an extent).

    I would be more sympathetic to the people grumbling about Goldman's success if they were just as loud about GM's failure. You hear very little about the $50 billion bankruptcy bailout and how GM is still in the red, seriously in the red. Goldman has at least paid back the direct money they were forced to take.

    Of the two scenarios, I think Goldman is a better situation. Even though Goldman employees, based on my personal experience, are generally pricks.
     Reply
    momof3wildkids was starred momof3wildkids was unstarred
    Image of Foster Kamer Foster Kamer
    11/20/09

    In reply to So That's What a Blood-Sucking Vampire Squid Looks Like
    The funny thing: when I used to work in the same office as Taibbi's agent, I told her I was a fan, and he asks her: Is a young, hairy-knuckled young Jew?" She answered in the affirmative. Apparently, most of us are.
     Reply
    Foster Kamer was starred Foster Kamer was unstarred
    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 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 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 Uncle_Billy_Slumming Uncle_Billy_Slumming
    11/18/09

    In reply to So That's What a Blood-Sucking Vampire Squid Looks Like
    Interesting this came out just about the same time that the GS pr machine cranked out their new "mea culpa letsa throw some money atta the problem".

    Some say that calamari is Italian slang for mafia. Yes? Verifiable?
     Reply
    Uncle_Billy_Slumming was starred Uncle_Billy_Slumming was unstarred
    Image of D2theMatthews D2theMatthews
    11/18/09

    In reply to So That's What a Blood-Sucking Vampire Squid Looks Like
    To be fair, that's a cartoon octopus.
     Reply
    D2theMatthews was starred D2theMatthews was unstarred
    Image of raincoaster raincoaster
    11/18/09

    @D2theMatthews: Specifically, "great octopus wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money."
     Reply
    raincoaster was starred raincoaster was unstarred
    Image of gawkimo gawkimo
    11/18/09

    @D2theMatthews: To be fair: that's an octopus and Taibbi is describing a vampire squid. Squids are faster, leaner and more invisible. And vampires are undead, hard to kill and easily disguised.
     Reply
    Edited by gawkimo at 11/18/09 8:58 PM gawkimo was starred gawkimo was unstarred
    Image of D2theMatthews D2theMatthews
    11/18/09

    @gawkimo: Some sort of zombie sperm whale will be needed.
     Reply
    D2theMatthews was starred D2theMatthews was unstarred
    Image of KikiCanuck KikiCanuck
    11/18/09

    @D2theMatthews: Fuck that, somebody call Steve Zisou. He won't kill the Vampire Squid, but he will fight it.
     Reply
    KikiCanuck was starred KikiCanuck was unstarred
    Image of D2theMatthews D2theMatthews
    11/18/09

    @KikiCanuck: But not before going on an overnight drunk.
     Reply
    D2theMatthews was starred D2theMatthews was unstarred
    Earlier discussions Other discussions Show all discussions Show featured discussions only Start a new discussion

Login

Enter your username and password.

Please enter a username.
Please enter your password.
logging in
Login via Facebook | Sign Up | Forgot Password?

Reset Password

Please enter your email address to have your password reset.

Please enter your email address.
Please enter a valid email address.
requesting password reset

Register

Registering will give you a user profile and the ability to add other users as friends. To become a commenter, however, you need to audition.

Want to know more? Consult the Comment FAQ and legal terms.

Please enter a username.
Please enter a password.
Please confirm your password.
Passwords are not identical.
Please enter a valid email address.
registration sent, waiting for reply

Submit Your Comment

You don't need to login to comment. Just enter your email address below.

See how your address will be displayed in the Comment FAQ.

Please enter a valid email address.
Please enter a valid email address.
logging in

Login with your Facebook or Gawker account.

Sign up here.



  • Archives
  • About
  • Advertising
  • Legal
  • Help
  • Report a Bug
  • FAQ
Original material is licensed under a Creative Commons License permitting non-commercial sharing with attribution.