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Thursday, July 18, 2002

Mike Wallace: Pardon me for saying this, but you seem defensive.

Nathan Thurm: I'm not being defensive! You're the one who's being defensive! Why is always the other person who's being defensive? Have you ever asked yourself that? Why don't you ask yourself that?

OK .. stupid question time

Didn't Robert Rubin use to be top guy at Goldman Sachs ??

Those stupid Dems. Every time they reach for the brass ring, they fall off the horse.

Snicker, snicker, snicker.

A quick search reveals:

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As it happened, no investment bank on Wall Street "earned" more underwriting fees from Enron since 1986 than Goldman Sachs. And, no other investment bank was more bullish on Enron for a longer period of time than Goldman Sachs, whose market guru Abby Joseph Cohen was indispensable in raising Enron's share price to its $90 peak and whose analyst David Fleischer pushed this dog all the way until the bitter end.

But, of course, Corzine knows nussing, NUSSING about this.

There are also a number of questions about what role Sen. Corzine played in the failure of Long term capital. There have been allegations that there was illegal activity and market manipulation involved prior LTCM's collapse, and that it may have been orchestrated by Goldman Bankers. Sen. Corzine was personally involved in the process, prior to LTCM's collapse.

This a garbage editorial.Scapegoats needed so that the hoi polloi can feel better about losing money in a bear market.

Abbey Joseph Cohen is still call ENRON a hold. She has yet to call for a single SELL in a market that all but eroded away. They are the biggest perpetrators.

At least Harvey Pitt is decent and honest enough to recuse himself when there is an obvious conflict with his past and present jobs. Corzine has no such scruples, or any, that I can see.