The Job Creators

Goldman’s Sack, Lloyd Blankfein, amuses friends Katrina and Rita by humiliating the waiter.
If you want to see his bubbles, you must click it.

He’s not the most interesting man in the world.  But his pockets are as jammed full of taxpayer largess as anybody who scored big after the fleecing of their competitors and the subsequent fleecing of the middle class for a twelve billion dollar bail out, for these particular Sachs “job creators”— formerly known as the super rich.

At about the same time Blankfein was testifying before Congress at a hearing of the Senate Permanent Subcommittee on Investigations, Goldman Sachs was getting sued (April of 2010) by the SEC for the fraudulent selling of a collateralized debt obligation tied to subprime mortgages— a product which Goldman Sachs had pulled out of their collective asses to help foist their toxic stew of crap mortgages on other investors.

In July, Goldman agreed to pay a fine— a pittance for them— $550 million– $300 million to the U.S. government and $250 million to investors— in a settlement with the SEC.  Just take it outa the bailout money, Lloyd.  The settlement forces none of these rich pricks to admit to any wrong-doing, and of course allows them to continue to “police” themselves with a few “legal” suggestions from the SEC on how to do it;  something they’ve proven repeatedly that they can not or will not do.

In a 2009 interview, Blankfein said, “I’m doing God’s work.”  A week later, after someone from God’s office told him only a lying Sach of shit would make such a a ridiculous claim, he said he regretted the remark.  He said he had intended it as a joke;  you know— for his buddies, who get that kind of humor.  But he also apologized on behalf of Goldman’s Sack to the public— for unspecified things that were “…clearly wrong and … and which contributed to the financial and economic crisis … which [we] have reason to regret.”  Yeah;  they regret that they got caught.  Hozzay!  More Dom Perignon. pronto!

For the whole brutal picture, read Matt Tiabbi.

Goldman, to get $1.2 billion in crap off its books, dumps a huge lot of deadly mortgages on its clients, lies about where that crap came from and claims it believes in the product even as it’s betting $2 billion against it. When its victims try to run out of the burning house, Goldman stands in the doorway, blasts them all with gasoline before they can escape, and then has the balls to send a bill overcharging its victims for the pleasure of getting fried.

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“There is a way that seems right to a man, but the end thereof is death.”
—The Urantia Papers