Goldman Sachs: Is This A Joke?

Dr Vernon Coleman MB ChB DSc FRSA

Someone called Lloyd Blankfein, the boss of Goldman Sachs (in my view the world’s most evil company), claims that he lives in fear that a rogue employee will tarnish the name of both the bank and himself, engulfing it in a scandal.

He says this fear has left him ‘on edge all the time’.

I haven’t heard anything quite so funny for years.

There are some people and companies in the world who have absolutely no reputation to lose or to protect.

And Goldman Sachs is top of the list.

And, along with Adolf Hitler, Attila the Hun, Ghenghis Khan and Tony Blair, Mr Blankfein is surely both beyond the pale and well below the salt.

I cannot think of anything anyone could do which could possibly damage his reputation or the reputation of Goldman Sachs.

If they served up stewed baby in the boardroom no one would think any the worse of them.

I also read today that Goldman Sachs, which helped create the world’s financial crisis, and itself needed a government handout in order to avoid bankruptcy, has set aside $3,210,000,000 to pay its staff bonuses this year. That’s a 36% increase on last year.

Mr Blankfein received $23 million for hanging around and living in fear.

Maybe the deeply unpleasant Blankfein probably deserves all that money for the shame of working for one of the most consistently crooked and distasteful operations in the history of the world.

Founded in 1869 by a bunch of money grubbers the company history includes allegations of share price manipulation, insider trading and just about every corrupt, dishonest and immoral activity that it is possible to think of, other than selling drugs or pimping.

Of course, we don’t know everything.

Note: Mark Carney, Governor of the Bank of England, is a former employee of Goldman Sachs. He’ll probably go back there when he’s finished ruining the British economy.

Copyright Vernon Coleman

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