Monday, October 19, 2009

The biggest, baddest, best article you'll ever read on the Goldman Sachs squid

SHOOT: There are 5 pages worth at the link below. Best quote:

Matt Taibbi: The world's most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.

After the oil bubble collapsed last fall,
there was no new bubble to keep things humming — this time,
the money seems to be really gone, like worldwide-depression gone.
So the financial safari has moved elsewhere, and the big game in
the hunt has become the only remaining pool of dumb, unguarded
capital left to feed upon: taxpayer money. Here, in the biggest
bailout in history, is where Goldman Sachs really started to flex
its muscle.

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