Wednesday, February 11, 2009

Goldman Sachs CEO says,"Wall Street Lost Track of its Larger Public Obligations"


How stupid does Lloyd Blankfein, CEO of Goldman Sachs think we are? The New York Times reports that he stated:
"It is abundantly clear that we are here amidst broad public anger at our industry...Many people believe--and, in many cases, justifiably so--that Wall Street lost sight of its larger public obligations."

Lloyd, I can see the feces dripping from that creepy little grin of yours.

What public obligations are you referring to? Sweat shops? Funding ecologically catastrophic corporations? Under paying tomato pickers?

Wall Street has been clumsily deep throating the global public for decades by funding capitalist ventures that exploit labor and wreck the earth. Katrina Vanden Huevel's essay Slavery in the Union cites Goldman Sachs as having its 12 top execs bringing home $200 million in bonuses while being one of the private equity firms controlling Burger King's stock when Burger King bought tomatoes picked by migrant workers in Immokalee, Florida. The 12 top executives at Goldman Sachs, on track with their commitment to the public, took home twice as much money as all 10,000 tomato pickers in Florida.

Well, Mr. Blankenfield, if your public obligations involve being fair to the public, I have to wonder if you were drunk when you spoke to Congress, and if you are still drunk, I hope you black-out in a pool of hypocritical vomit.

No comments: