Matt Taibbi nails the motherfuckers! I fucking love this guy!
“We participated in things that were clearly wrong and have reason to regret,” Blankfein, 55, said at a conference in New York hosted by the Directorship magazine. “We apologize.”
I’m almost beginning to feel sorry for Lloyd “God’s Work” Blankfein. Could it be that the great tapeworm of conscience is beginning to eat its way northward?
Initially I thought the news story about Goldman’s apology read like this:
Lloyd Blankfein, chairman and chief executive officer of Goldman Sachs Group Inc., apologized for the firm’s role in some of the activities leading to the financial crisis.
“We participated in things that were clearly wrong and have reason to regret,” Blankfein, 55, said at a conference in New York hosted by Directorship magazine. “We apologize, and in order to make this right we’re going to forgo our entire bonus pool this year and give back about $50 billion of the money we stole.”
Blankfein said that the bank’s mortgage-service subsidiary, Litton Loans, would be forgiving billions in mortgage payments and issuing a freeze on foreclosures during the Christmas season because, as Blankfein put it, “kicking people out of their houses on Christmas makes us look like assholes.”
That’s what I thought the story said. Then I went back and realized I had misread it and that while “God’s Work” had in fact apologized, he was actually keeping all of the money and going ahead with a record year of bonuses while his company went about the business of mass-evicting people during the holidays.
You gonna pull them pistols or whistle Dixie?