We are fully aware of the potential damage of an irresponsible media but the latest correction from the New York Times really grinds our gears:

A front-page headline on Wednesday with an article about Warren E. Buffett’s plan to invest $5 billion in the Wall Street investment banking firm Goldman Sachs described that company as “ailing.” While its stock has been battered and it has agreed to tighter government regulation and wants to raise more capital from investors, “embattled” would have been a more accurate headline description of Goldman’s state than “ailing.”

Seriously, Goldman Sachs? SERIOUSLY? I’m sorry but no. You got your precious no short rule, and your bank holding company and your investment from Warren Buffett. Fuck off and let these Times reporters have their (barely) hyperbolic adjectives. NYT we’d say we’re disappointed in you for not having the pair to stand up to the GS flack that was dispatched to deal with this, but let’s be honest, you’re one in a long line of people who refuses to tell Blankfein and Co. where they can shove it. Kudos on putting the correction above an obituary, though. I did appreciate that. Subversive little minxes.
Corrections [NYT via NYM]

Sign up for the Dealbreaker newsletter

Subscribe to our free daily email and get breaking news, financial headlines, commentary, and analysis from Dealbreaker.

— Advertisement —

Comments (39)

  1. Posted by guest | September 25, 2008 at 3:02 PM

    Malfeasance + Stupidity = Wall St.
    Robert B. Reisch

  2. Posted by guest | September 25, 2008 at 3:05 PM

    NYT’s obviously fears Hank..

  3. Posted by StupidEquityGuy | September 25, 2008 at 3:07 PM
  4. Posted by guest | September 25, 2008 at 3:07 PM

    NYT’s obviously fears Hank..

  5. Posted by guest | September 25, 2008 at 3:08 PM

    If not GS then who who who?
    (\___/)
    (o\ /o)
    //:.v.:\
    \\::::://
    —–`”" “”`—–
    ~~^~^~^~^^~~^^^~^
    SPODE

  6. Posted by guest | September 25, 2008 at 3:10 PM

    Did someone just see that CNBC report on Treasury Bills?
    Equity protection
    congress calls it back door ownership
    sounds like some prison shit
    -HEDGEmony

  7. Posted by guest | September 25, 2008 at 3:12 PM

    sold GS.

  8. Posted by guest | September 25, 2008 at 3:14 PM

    Seriously, I heard Clay Aiken bought a ton of Goldman 100 calls.

  9. Posted by guest | September 25, 2008 at 3:15 PM

    Man, GS really twists your tits doesn’t it Bess?

  10. Posted by guest | September 25, 2008 at 3:17 PM

    it’s neckless, dumbass.

  11. Posted by guest | September 25, 2008 at 3:18 PM

    who’s the clay-mate ??and why.

  12. Posted by guest | September 25, 2008 at 3:18 PM

    who’s the clay-mate ??and why.

  13. Posted by guest | September 25, 2008 at 3:18 PM

    Lloyd + Hank = Delusional

  14. Posted by guest | September 25, 2008 at 3:19 PM

    Man, GS really twists your tits doesn’t it Bess?

  15. Posted by guest | September 25, 2008 at 3:20 PM

    Clay-America were forming a union

  16. Posted by guest | September 25, 2008 at 3:20 PM

    DB and its loyal followers are just jealous of the greatest and most elitest bank in all the land.
    Robert Horwats
    International Vice Chairman
    Goldman Sachs

  17. Posted by merkin capital partners | September 25, 2008 at 3:21 PM

    The media has correctly predicted 36 of the last 2 recessions.

  18. Posted by guest | September 25, 2008 at 3:22 PM

    Claymerica. And it is necklace, not neckless

  19. Posted by euler | September 25, 2008 at 3:23 PM

    Bess, if you were long GS you would tell us, right?

  20. Posted by guest | September 25, 2008 at 3:23 PM

    I must confess. I wrote #1 & $16.
    The Guy from Delaware
    p.s. Horwats is a douchebag.

  21. Posted by guest | September 25, 2008 at 3:24 PM

    @ 16 your a pompous ass just like the rest of them

  22. Posted by guest | September 25, 2008 at 3:28 PM
  23. Posted by guest | September 25, 2008 at 3:31 PM

    @10 you shd be on the sesame street website where teach you how to spell.this comment was brought to by the letter F and U! hoes-bag

  24. Posted by guest | September 25, 2008 at 3:34 PM

    @16 & 20 – His last name is actually Hormats. If you’re going to hate, it helps to know who you’re hating and being able to spell their name wouldn’t be all that bad either.

  25. Posted by guest | September 25, 2008 at 3:36 PM

    Hey @ 24 You could use some spelling lessons too. Why don’t you post on the Sesame St. blog you tool!

  26. Posted by guest | September 25, 2008 at 3:40 PM

    @25 – Care to clarify?
    - Heywood Jablome

  27. Posted by guest | September 25, 2008 at 3:43 PM

    @26 you think bad your nothing but a BUKAKE receptical
    - Sal Manila

  28. Posted by guest | September 25, 2008 at 3:44 PM

    NYT uses adjectives like “ailing” for Morgan Stanley.Companies that have agitated for board changes and a chance to give Pinch S a rectal exam.If and when GS decides to become hostile towards NYT, they too can subject to very purple prose.

  29. Posted by guest | September 25, 2008 at 3:48 PM

    @27 – don’t give up on learning English. Do your parents always let you play on the computer right after school?

  30. Posted by guest | September 25, 2008 at 3:53 PM

    @#24…
    Here’s why I’m on Hormat’s case:
    While viewing C-Span last night, I watched one stuffed-shirted Robert Hormats, Int’l Vice Chairman, Goldman Sachs & Co pontificating on about something or other in such an incoherent fashion that nearly everyone at the conference was in a f’n coma.
    What a fucking douchebag. A captain of finance? With people like him running the place, it’s no f’n wonder GS was on the ropes.
    The more often douches like Hormats appear on TV and in public, the less credibility Wall St retains, and the more public hostility it engenders.
    To tell you the truth, I could have run GS into the ground just as efficiently as douchebag Hormats and others did. Only difference is, I wouldn’t have charged as much.
    The Guy from Delaware

  31. Posted by guest | September 25, 2008 at 4:00 PM

    1 jumbo jet+1 palestinian+85 Broad

  32. Posted by guest | September 25, 2008 at 4:01 PM

    @ 27 it was a typing error scrotum You must be perfect like your sis’s pear shaped ass

  33. Posted by euler | September 25, 2008 at 4:01 PM

    “run into the ground”
    a fearful market driving down equity value and the perceived affect that may or may not have had on counterparts willingness to face was the only threat. ever. primer brokerage and asset management clients didn’t run like they did MS, and GS capital position always was strong.
    and really Bess, you went long right?

  34. Posted by guest | September 25, 2008 at 4:12 PM

    Hey @27, your Dad told me about your sisters ass.

  35. Posted by guest | September 25, 2008 at 4:18 PM

    @31…you’re fucked. Bess, please pass 31′s IP address to the JTTF…thank you.

  36. Posted by guest | September 25, 2008 at 4:32 PM

    agreed with 35

  37. Posted by guest | September 25, 2008 at 4:41 PM

    agreed with 36

  38. Posted by guest | September 25, 2008 at 5:07 PM
  39. Posted by guest | September 25, 2008 at 10:55 PM

    SPODE@#5…
    Pretty neat artwork. You must have a lot of down time at your job. Not much happening there these days?
    The Guy from Delaware

Leave a comment

You can log in with your account or comment as a guest below.