Saturday, March 17, 2012

New York's compassionate mayor

My favorite quotes in today's New York Times come from an article describing Mayor Bloomberg's visit to Goldman Sachs yesterday, apparently to cheer them up.

"It's from the gut ... These are his people, and he felt their pain .... I know this sounds strange, but running to cheer up the people in Goldman Sachs shows what's in his heart."

But no tears, apparently, for any of the "muppets" whom Goldman has gulled over the years, or for the U.S. taxpayers who paid 100 cents on the dollar (with respect to risky bets on AIG that Goldman had otherwise lost) on what has been called Goldman's "backdoor bailout" in the early stages of the financial crisis.

1 comment:

Steven Shaviro said...

Outraged Muppets Sue Goldman Sachs: