Sunday, January 24, 2010

Goldman Sachs So Corrupt: They Sought Heavy Protection


As Goldman Sachs prepared to announce its fourth quarter earnings and employee compensation levels yesterday, the bank had bomb-sniffing dogs and police barricades on hand at its New York City headquarters, the New York Post reports.

The decision to boost security as its offices was apparently driven by growing fervor over the bank's huge profits and bonuses. Yesterday, the bank announced that it earned $13.4 billion for the year, and set aside $16 billion for employee compensation. Goldman was widely expected to set aside approximately $20 billion for employee pay, but CFO David Viniar suggested yesterday in a call with reporters that the bank wasn't blind to the "pain and suffering in the world" and "wasn't deaf to the calls for restraint."

Viniar's remarks indicate an abrupt change in tone among Goldman Sachs execs. In November, CEO Lloyd Blankfein -- who had previously bragged that the bank was doing "God's work" -- said the following at an industry conference:

I often hear references to higher compensation at Goldman. What people fail to mention is that net income generated per head is a multiple of our peer average. The people of Goldman Sachs are among the most productive in the world."
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8 comments:

  1. America was born in blood. America suckled on blood. America gorged on blood and grew into a giant, and America will drown in blood. This is the spectre that is haunting America,the spectre of an Uncivil War, a second civil war that will shatter America into several new ethnically-based nations. Rather, it is the result of an objective examination of the historic,demographic,political, economic, and military developments that are relentlessly propelling America towards a second civil war. Simply and directly put, America will explode in tribal warfare in our lifetime and shatter into several new ethnically-based nations. And as America breaksup the very concept of multiethnic democracy will likewise be forever shattered. The bureaucratic elites have planned to destroy our economy for 70 years. When the shtf we will have a multi factional uncivil war. When you have a nation filled with weapons, racial resentment,angry patriots,gang members and banks in need of heavy protection we as a nation are heading into chaos. The elites have sucessfully have done divide and conquer by making us fighting against each other over stupid things(abortion,gay marriage,healthcare reform,illegal immigration, etc).When the shtf we will really fight in bloody uncivil wars because our nation is not ready for a collapse from 1st world to third world and we are divided. a divided house cannot stand. even preppers are divided.

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  2. Not much I can add to that. Well said Mark, though sometimes being right really sucks.

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  3. Look at your young men fighting
    Look at your women crying
    Look at your young men dying
    The way they've always done before


    Look at the hate we're breeding
    Look at the fear we're feeding
    Look at the lives we're leading
    The way we've always done before


    My hands are tied
    The billions shift from side to side
    And the wars go on with brainwashed pride
    For the love of God and our human rights
    And all these things are swept aside
    By bloody hands time can't deny
    And are washed away by your genocide
    And history hides the lies of our civil wars


    D'you wear a black armband
    When they shot the man
    Who said "Peace could last forever"
    And in my first memories
    They shot Kennedy
    I went numb when I learned to see
    So I never fell for Vietnam
    We got the wall of D.C. to remind us all
    That you can't trust freedom
    When it's not in your hands
    When everybody's fightin'
    For their promised land


    And
    I don't need your civil war
    It feeds the rich while it buries the poor
    Your power hungry sellin' soldiers
    In a human grocery store
    Ain't that fresh
    I don't need your civil war


    Look at the shoes your filling
    Look at the blood we're spilling
    Look at the world we're killing
    The way we've always done before
    Look in the doubt we've wallowed
    Look at the leaders we've followed
    Look at the lies we've swallowed
    And I don't want to hear no more


    My hands are tied
    For all I've seen has changed my mind
    But still the wars go on as the years go by
    With no love of God or human rights
    'Cause all these dreams are swept aside
    By bloody hands of the hypnotized
    Who carry the cross of homicide
    And history bears the scars of our civil wars


    "We practice selective annihilation of mayors
    And government officials
    For example to create a vacuum
    Then we fill that vacuum
    As popular war advances
    Peace is closer" **


    I don't need your civil war
    It feeds the rich while it buries the poor
    Your power hungry sellin' soldiers
    In a human grocery store
    Ain't that fresh
    And I don't need your civil war
    I don't need your civil war
    I don't need your civil war
    Your power hungry sellin' soldiers
    In a human grocery store
    Ain't that fresh
    I don't need your civil war
    I don't need one more war


    I don't need one more war
    Whaz so civil 'bout war anyway

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  4. The WASP has carried this country as far as it can.
    The ethnic minorities in this country are so busy initiating their own agendas and spreading this agenda back home to mommy and junior that they too have forgotten to take care of the caregiver.

    I have said more than once on this blog - it is impossible to have one country with 10 ethnicities -- all vying for the common resources
    it simply won't work.

    Mark doesn't come up with a victor in our little bloodbath - but I will.

    All you have to do is look around you and ask - who built it; who has the knowledge base ( and I'm not talking about political)

    There is your answer 'cause the same people that built it and mainatained it are the people that are now prepared to carry on - I disagree with the elitest comments - when push comes to shove
    they are just a body along with the rest of the trash - it'[ll be taken to the landfill

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  5. They are not productive they have raped the middle clasas and are now making billions due to getting money at zero rates - a 6 year old child could do that with the current fed policy and they should be in prison for crashing the economy with their criminal fraud.

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  6. 11:06 I think that was Axle Rose that sang that song. Slash played the guitar. FYI.

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  7. I suppose they will need more protection than that in the future.

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  8. I read that the GS banksters were getting gun permits for their own protection. Criminals always hire guns or carry them, GS is doing both.

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Everyone is encouraged to participate with civilized comments.