Questions, courtesy of Howard Lindzon: what are they doing in there? – Ilene
Goldman Sachs and Goldman Government…Sticking it to the Man!
A long, long time ago it seems, we lampooned Goldman Sachs on Wallstrip:
It was not hard to do, we just had to hang out in front of their building.
In the last few years they have stepped up their fearless/shameless nonsense and tonight are on the verge of sheer evil genius with a planned stock sale . 
["Goldman Sachs Group Inc., riding a rising market, is considering making a multibillion-dollar offering of its shares to investors as part of an effort to repay a $10 billion government loan, according to people familiar with the matter." Goldman Seeks New Stock Sale. WSJ]
I am not a conspiracy theorist, nor a permabear. I am trying to be a professional money manager in a casino environment where inside information has never been more rampant or narrow. What makes all this so nonsensical and maddening is that we all know it. They can’t hide it anymore because we are talking about it everyday on the web.
I don’t know how to stop it. There seems to be plenty of us that care.
The lunacy tonight does not just stop with Goldman Sachs, the bank. It extends to Goldman Sachs, the government.
In an attempt to dilute and diversify the public fleecing, the Goldman Government has dreamed up the ‘Bailout Bonds’. [We need to verify Goldman’s involvement, but it’s probably a good bet.]
I think a better name for the offering could be ‘US Rectal Bonds’ – You can bend Over, But you can NEVER hide!
Update – This truly has become ‘The Crime of The Century ‘ (One of my fave songs of my favorite bands)
ALSO – This crime reminds me of one of the GREAT lines from my Fave movies – Scarface – where Frank Lopez says to Tony Montana:
‘You expect me to believe that Omar was a Stoolie because SOSA says so?….You bought that line!
The Crime of The Century – Supertramp
