Posted on 11/08/2009 9:21:30 AM PST by TigerLikesRooster
I'm doing 'God's work'. Meet Mr Goldman Sachs
The Sunday Times gains unprecedented access to the world's most powerful, and most secretive, investment bank
John Arlidge
Number 85 Broad Street, a dull, rust-coloured office block in lower Manhattan, doesn’t look like a place to stop and stare, and that’s just the way the people who work there like it. The men and women who arrive in the watery dawn sunshine, dressed in Wall Street black, clutching black briefcases and BlackBerrys, are very, very private. They walk quickly from their black Lincoln town cars to the lobby, past, well, nothing, really. There’s no name plate on the building, no sign on the front desk and the armed policeman stationed outside isn’t saying who works there. There’s a good reason for the secrecy. Number 85 Broad Street, New York, NY 10004, is where the money is. All of it.
It’s the site of the best cash-making machine that global capitalism has ever produced, and, some say, a political force more powerful than governments. The people who work behind the brass-trim glass doors make more money than some countries do. They are the rainmakers’ rainmakers, the biggest swinging dicks in the financial jungle. Their assets total $1 trillion, their annual revenues run into the tens of billions, and their profits are in the billions, which they distribute liberally among themselves. Average pay this recessionary year for the 30,000 staff is expected to be a record $700,000. Top earners will get tens of millions, several hundred thousand times more than a cleaner at the firm. When they have finished getting "filthy rich by 40", as the company saying goes, these alpha dogs don’t put their feet up. They parachute into some of the most senior political posts in the US and beyond, ...
(Excerpt) Read more at timesonline.co.uk ...
Ping!
Goldman Sachs is always on the right side of a trade, you can get rich by doing the opposite of what they recommend to the public!!
Isn't that racist?
They are also the ones that will bring us Cap and Tax, and they will make trillions.
The title here should be “Pond Scum Update”
What’s needed is a special low-yield neutron bomb that will kill every cockroach and humanoid cockroach in the GS building
Sure you did. You just had the political pull across the Two-As-One Parties and two Presidential Administtations to get your sorry asses bailed out with my money. Go f*** yourself.
New requirement for guillotines: You need to change out the blade between uses to avoid cross-contamination of blood.
For years I never understood how anyone could support communism in the 1930s. After watching GS for the last decade, I do understand.
Their antics are truly pale in comparison with GS. Nobody could top GS for a long time.
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