Why Everyone Hates Goldman Sachs And Wall Street
Simply put: Arrogance in the face of trillions in stealth taxpayer bailouts.
Check out this story from The New York Observer. It's a profile of laid-off Goldman Sachs banker, David Webb, and his journey to Argentina after being terminated by Goldman.
There are a myriad of reasons for the public to rightfully despise Wall Street, from conflicted stock research to the exorbitant bonus strutcure. But the most important rationale for our anger should be the criminal leverage that was utilized by all the players to drive their phantom profits and real bonuses. Yet now during the de-leveraging phase, we taxpayers are being asked to swallow the trillions in losses. It is disgusting and unacceptable. And the photo above captures how many taxpayers have been made to feel.
But in case you needed any personal reasons to hate these fuckers even more, this article will provide you plenty. The author is sympathetic. We are most defintely not in agreement. I have worked with hundreds of knobs like David Webb and to know them is to dislike them. And Goldman Sachs, more than any other firm, is full of bankers and traders like Webb. His every quote oozes self-importance:
- “If you think about it, losing a high-paying job that you worked your entire life to acquire is a very traumatic experience."
You were 23 when you were hired and 26 when fired. Shut the fuck up. But he continues.
- “One minute I’m in the mountains of New Hampshire, the next I’m sleeping on this guy’s couch in Union Square. My girlfriend of two years broke up with me. It was the first time I had been without a serious girlfriend in five years.”
Oh, the hardship you have endured. Buenos Aires is apparently Spanish for useless tools.
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Listen to the first minute at a minimum. This one pretty much speaks for itself.
Song - Jump You Fuckers - By Gene Burnett
- "Hey Mr. Wall Street on the 50th floor..."
Jul 31, 2011 at 11:00 AM
Reader Comments (44)
“If you think about it, losing a high-paying job that you worked your entire life to acquire is a very traumatic experience."
You were 23 when you were hired and 26 when fired. Shut the fuck up please."
Why won't anyone else write like you. You have some phenomenal statements in your last 2 posts.
I could also provide you with plenty of reasons to hate them. I'm going to send you a few items about GS in an email.
"Though his tale is very depressing, the great positive for him is whatever he does in the long run, his education should keep him off the pole... "
That is HILARIOUS - I'm assuming you mean the stripper pole...
I just ran into this website and I think what you guys are doing is great. Before you guys attack me, I want to say I work for a major broker house and I'm very honest and I actually really care how my clients portfolios perform. Losing client's money is like losing my own money. I feel guilty losing my client's money that i wake up in the middle of the night and think about those households. Now here is my anger. Most of my collegues are bunch of idiots that dont care about their clients assets and they could care less about losing their money. They are good at blowing up the client's money and they dont know anything about preserving assets. In my office people have been buying stock on every dip. POutting them into losers like Citi, AIG, Bank Of America, FNM, FRE. I have one advisor that kept buying Citi at every dip. $18, $16, $13, $8, $5, $3 and even at these levels. When i confronted him..this is exactly what he said "Keep holding on..Keep it very tightly and dont let them take the shares away from you." I laughed my ass off and went on with my day. My poist is that there are a lot of idiots working in this field and they could care less about their clients money. I hate to see this as I worry a lot for my clients and try to protect them at all times.
I will post soon, but have to run now...
Great site by the way Daily Bail!
I notice you've got the uniforms stationed 24/7 outside of 85 -- wonder why that is??
Greenspan publically warned over 20 years ago against the exhuberance being demonstrated over the overuse of derivatives. Mancini, you whelp, I don't need you for anything. It takes three minutes of thought to realize the offshoring of factories cuts deep twice as well as spiritually. No tax base and no jobs. I told the trustees raiding the principal from my dad's house to buy silver when it was less than 5$ an ounce. I told them every quarter for over 10 years. Now it is 40$ an ounce and the second trustees still feel entitled to take a commission .
They do not think at all about the problems in the Gulf of Mexico or radiation on land in the west or the HAARP assaults. They are as full of it as you are. They invent 50 ways to wrap dogshit sandwiches and call it genius. They think that double wrapping dog seeds makes them twice as nutritious and so therefore they are deserving of double remuneration, even though the return was years ago, when it worked in Texas, before they bought.
Pro-prisons or death to the world. All psycho. It worked in Texas only because of the whack corruption there.
You are a sprat just like Geithner. Your heroes murdered thousands in Iraq and took the gold they could find and put it in offshore accounts. And you worship these people? What a punk. I'll bet you think Fukushima was an accident. And I'll bet you think the radiation has stopped.Then you bought into GE. Henry Mancini wrote great tunes. What's with you? Help put these bums in jail. You hand them all a mirror and while they are admiring temselves we throw on the cuffs and its off to Ruby's.
Dump the Fed. Subtract all interest paid to the central bank from the debt, and get the Rothschilds over here digging ditches at 10$ per hour which they can lend out at interest. And NO FRACTIONAL LENDING.
JUMP YOU REPUBLICANS!
ROFLMAO!!!!
we could at least make their lives miserable.... make them invest in moats, razor wire and full time security for extended family.
What a boon to reality TV ... watching Jamie Diamond plead for the return of a loved one.... on national TV..
I found this gem and the pieces fall into place (outside of Harvards' poking their noses in everyones business internationally.)
http://hpronline.org/politics/martha-coakley-andrew-sullivan-and-the-politics-of-despair/
[snip]
Here’s the deal: if Martha Coakley loses tonight then it’s good news for Lloyd Blankfein, who’s worried about financial regulation reform, for the super rich, whose taxes will remain low, and for everyone generally interested in preventing Obama from governing this country.
http://weaselzippers.us/2011/07/29/wannabe-democrat-scott-brown-says-he-might-vote-for-harry-reids-debt-bill/
The CEO's and managers at Goldman Sucks along with many of their other employees are corrupt, morally bankrupt, probably criminal parasites. Most of them aren't worth the air they breathe. A lot like you, if you don't work for Goldman Sucks you probably should.
Although, unless your an upper level executive they might not allow somebody with their head as far up their ass as yours is to work for them.
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Hmm, I read Atlas Shrugged and I don't recall any heroic entrepreneurs getting multi-trillion dollar federal bailouts. As I recall, Ayn Rand portrayed businessmen who demanded 'help' from the government as parasites worse than any welfare bum or Marxist agitator because they destroy the capitalist system from within.
@Howard
@Sage
Great comments. Enjoyed reading them. And John, thanks for the Scott Brown link. Fooking bastard, Scott Brown turned out to be.
It would be hard to argue that they did not have cause to step in and break up these monopolies. Or we can just wait until September of every year, the aniversary of the FTC and continue to celebrate the damage. Union or not, believe me I'd they want you gone they will figure a way to do it. The private sector for employment is run by companies way too big. That alone pushes unions power right out of the picture. Can't hurt to try.
http://www.consumerwarningnetwork.com/2011/07/29/brainwashing-citizens-to-kill-consumer-rights/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+TheConsumerWarningNetwork+%28The+Consumer+Warning+Network%29
Best wishes to all and DB.
They can't brainwash me because I'm BRAIN DEAD.
An established language only approximates the reality in which it seeks to have relevance with. As mathematics is a measurement system having varying degrees of success aiding us in our work, the English language(for example) sometimes carries us off into delusional thinking. Terms such as 'elite', 'nobility' 'sacrifice' can be used/misused depending on the fantasy. I myself go this way over a girl or two, but that is normal. Applying such maladaptive behavior to an economic system and looting is only checked when a law enforcement agency can hold the 'elite' in check. GHW Bush and son got rid of all that.
Find a video of an anglerfish chowing down. The lumpy, algae covered fellow just sits there, unmoving, at rest,except for this weird little worm-like appendage on the top of his head that wiggles around when the anglerfish sees something tasty. When the sprat or other small fish closes in on this appendage, the anglerfish feeds. The natural perfection of it is rivalled only by other such natural acts. Crocodiles nailing 250 pound wildebeests in just under 1.75 seconds is a good one. People like Geithner, Paulson, Pelosi, Frank, That Jaime dude, are committing unnatural acts when they blindside fellow citizens. I know about the FEMA camps and all designed to house pissed-off law abiding citizens who don't agree with your definition of 'elite', but keep in mind that many of these facilities include guillotines, and it is the greedy quest for overcompensation that is destroying the U.S. and giving the HAARP, BP,and international bankers free whack at that economic system which honest citizens fairly utilize trustingly and can rely on for efficient service until the scum shows up, which now requires a 'filter change' before the machine breaks down.
Abstract thinking is something not exclusive to liars and cheats, such as it seems for your back-stabber 'elites'.
I thought this was the address of THE ANTICHRIST. LMAO