Category Archives: Goldman Sachs

Summers’ end (exit Iago)


“Look, it’s Larry Summers,” said Swamp Rabbit, pointing at an oil slick on the wetlands that surrounds my shotgun shack in Tinicum. “I think he’s heading north, maybe back to Harvard.” “No way,” I said. “He gambled away a big … Continue reading

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Atlantic City’s ultimate crap-out, a.k.a. Revel


They echoed in my head this morning, the words of Swamp Rabbit as he confronted me at my shotgun shack in the Tinicum swamp: “What’s your plan, Odd Man?” The pesky little rodent mocks me because I tend to bitch … Continue reading

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Walter White, working-class hero


Last week the Philadelphia Daily News ran a story about unemployment with a photo of a middle-aged man in a business suit — a former office worker out of luck and money — begging for a job on a streetcorner … Continue reading

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It’s the jobs market, stupid


Last week I noted that Mitt Romney — insipid, empathy-free, and a congenital liar — was a gift from the gods to the Barack Obama re-election campaign. But even the gift of Mittens won’t help Obama if he continues to … Continue reading

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Two-party system = no change


I still can’t tell if most “middle-class” Americans really understand what hit them, and why, when the economy tanked in 2008. Robert Scheer takes a crack at explaining the catastrophe with what seems to me the perfect metaphor. But then … Continue reading

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Busting bagpipers in NYC


When I’m assaulted in a public place by the sound of bad music, I shout “Somebody call the music police!” But I’m joking at such times. I don’t really expect anyone to dial 911 when Madonna is blaring from the … Continue reading

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Vampire squid strikes back


Yes, it was fun to read that column by Goldman Sachs apostate Greg Smith, even though most of what he had to say about his former employer had already been reported in one form or another by Matt Taibbi, who … Continue reading

Posted in economic collapse, Goldman Sachs, Great Recession, mainstream media, New York Times, Wall Street | Tagged , , , , , | 2 Comments