Indeependent
Diamond Member
- Nov 19, 2013
- 73,633
- 28,506
- 2,250
500M is chicken feed for almost any financial institution.Any gangsters at Goldman Sachs?Are they gangsters?
Yes, many corrupt government officials in Malaysia are gangsters.
If so, why aren't they being investigated for doing "God's work"?
Goldman Sachs' $500 Million Mea Culpa
"It’s truly touching that Goldman Sachs’ CEO Lloyd Blankfein, who recently said that his too-big-to-fail, Fed-backed holding company is doing 'God’s work,' has offered a mea culpa (of sorts) for his firm’s past sins.
"Our beneficent overlords at Goldman Sachs promise to bestow upon small business a boon of $500 million."
"This generous sum is about 3 percent of the $16.7 billion that Goldman has set aside for its employees this year — a year of expected record-breaking profits on Wall Street."
Do you expect to get 1M?
What if all of their investors simply switched to a different firm?
You know what would happen?
The investors would tell the new firm to hire all the people from GS.
Where is that going to get anyone?