Why Do People Love to Hate Goldman?

[MRT144]

They went home after an hour of disorganized milling about.

Sounds about right.

[MRT144]

We need more of this:

WHEN 35 Greenpeace protesters stormed the International Petroleum Exchange (IPE) yesterday they had planned the operation in great detail.

What they were not prepared for was the post-prandial aggression of oil traders who kicked and punched them back on to the pavement.

“We bit off more than we could chew. They were just Cockney barrow boy spivs. Total thugs,” one protester said, rubbing his bruised skull. “I’ve never seen anyone less amenable to listening to our point of view.”

Another said: “I took on a Texan Swat team at Esso last year and they were angels compared with this lot.” Behind him, on the balcony of the pub opposite the IPE, a bleary-eyed trader, pint in hand, yelled: “Sod off, Swampy.”

Protesters conceded that mounting the operation after lunch may not have been the best plan. “The violence was instant,” Jon Beresford, 39, an electrical engineer from Nottingham, said.

“They grabbed us and started kicking and punching. Then when we were on the floor they tried to push huge filing cabinets on top of us to crush us.”

Mr Beresford said: “They followed the guys into the lobby and kept kicking and punching them there. They literally kicked them on to the pavement.”

This should surprise no one.

[Az]

We need more of this:

WHEN 35 Greenpeace protesters stormed the International Petroleum Exchange (IPE) yesterday they had planned the operation in great detail.

What they were not prepared for was the post-prandial aggression of oil traders who kicked and punched them back on to the pavement.

“We bit off more than we could chew. They were just Cockney barrow boy spivs. Total thugs,” one protester said, rubbing his bruised skull. “I’ve never seen anyone less amenable to listening to our point of view.”

Another said: “I took on a Texan Swat team at Esso last year and they were angels compared with this lot.” Behind him, on the balcony of the pub opposite the IPE, a bleary-eyed trader, pint in hand, yelled: “Sod off, Swampy.”

Protesters conceded that mounting the operation after lunch may not have been the best plan. “The violence was instant,” Jon Beresford, 39, an electrical engineer from Nottingham, said.

“They grabbed us and started kicking and punching. Then when we were on the floor they tried to push huge filing cabinets on top of us to crush us.”

Mr Beresford said: “They followed the guys into the lobby and kept kicking and punching them there. They literally kicked them on to the pavement.”

This article is somewhat of a beacon in my life.

[Theben]

Time to go on the offensive.

Had protestors outside today.

Lazy bastards showed up after noon. Everybody's already in the building, morons.

You need to lay off the GS Koolaid for a bit.

[Kidlicious]

Time to go on the offensive.

Had protestors outside today.

Lazy bastards showed up after noon. Everybody's already in the building, morons.

Maybe they were at home still ****ing their wifes while you morons where trying to think of new ways to make money.

[giblets]

Maybe they were at home still ****ing their wifes while you morons where trying to think of new ways to make money.

In other words, they're not single accountants.

[Kidlicious]

You really shouldn't believe everything KH says.

[giblets]

That's a good point, you don't seem smart enough for anything more complicated than bagging groceries...

[Hauldren Collider]

Also, can someone explain to me why this is bad? Isn't this what goldman is supposed to do?

Goldman Sachs e-mails show bank sought to profit from housing downturn

A Senate investigation into the financial crisis has found that Goldman Sachs, the storied Wall Street investment bank, sought to profit from the historic decline in housing prices by betting against the U.S. mortgage market.

The documents show that Goldman, at times, made big, profitable bets against the housing market -- sometimes betting against mortgage investments that it had sold to investors.

Sen. Carl Levin (D-Mich.), chairman of the Permanent Subcommittee on Investigations, said four internal e-mails released Saturday contradict Goldman's assertion that it didn't seek to profit from the housing downturn. "Goldman made a lot of money by betting against the mortgage market," Levin said.

In a November 2007 e-mail, Goldman chief executive Lloyd Blankfein wrote that the firm "lost money" on the housing market, "then made more than we lost because of shorts."

The release of the documents comes as Goldman Sachs is preparing its most detailed defense yet to allegations that it misled clients in its mortgage securities business, arguing that the firm was unsure whether housing prices would rise or fall and did not take any action at odds with the interests of its clients.

http://www.washingtonpost.com/wp-dyn/content/article/2010/04/24/AR2010042401049.html

[Hauldren Collider]

Maybe they were at home still ****ing their wifes while you morons where trying to think of new ways to make money.

Meaning, they don't have their priorities straight?

[Hauldren Collider]

In other words, they're not single accountants.

Don't be too hard on him if you don't know the details. There's a line between making a funny crack and being a total douche. Do a search, why don't you find out why he's single.

Maybe I'm taking it too seriously myself? I dunno.

[giblets]

Don't be too hard on him if you don't know the details. There's a line between making a funny crack and being a total douche. Do a search, why don't you find out why he's single.

Maybe I'm taking it too seriously myself? I dunno.

If only I were a class act like Kidicious.

[MRT144]

Also, can someone explain to me why this is bad? Isn't this what goldman is supposed to do?

Goldman Sachs e-mails show bank sought to profit from housing downturn

A Senate investigation into the financial crisis has found that Goldman Sachs, the storied Wall Street investment bank, sought to profit from the historic decline in housing prices by betting against the U.S. mortgage market.

The documents show that Goldman, at times, made big, profitable bets against the housing market -- sometimes betting against mortgage investments that it had sold to investors.

Sen. Carl Levin (D-Mich.), chairman of the Permanent Subcommittee on Investigations, said four internal e-mails released Saturday contradict Goldman's assertion that it didn't seek to profit from the housing downturn. "Goldman made a lot of money by betting against the mortgage market," Levin said.

In a November 2007 e-mail, Goldman chief executive Lloyd Blankfein wrote that the firm "lost money" on the housing market, "then made more than we lost because of shorts."

The release of the documents comes as Goldman Sachs is preparing its most detailed defense yet to allegations that it misled clients in its mortgage securities business, arguing that the firm was unsure whether housing prices would rise or fall and did not take any action at odds with the interests of its clients.

http://www.washingtonpost.com/wp-dyn...042401049.html

It;d be bad if they were still advising clients to buy into housing while their prop desks were fading them.

[KrazyHorse]

There are so many things wrong with that statement I don't even know where to start.

[MRT144]

There are so many things wrong with that statement I don't even know where to start.

Then don't try