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]
Posted by guest , Sep 25, 2008 3:02PM
Malfeasance + Stupidity = Wall St.
Robert B. Reisch
Posted by guest , Sep 25, 2008 3:05PM
NYT's obviously fears Hank..
Posted by StupidEquityGuy , Sep 25, 2008 3:07PM
A big picture view of the problem...
http://bigpicture.typepad.com/photos/uncategorized/2008/01/25/handouts_for_troubled_wall_street.gif
Posted by guest , Sep 25, 2008 3:07PM
NYT's obviously fears Hank..
Posted by guest , Sep 25, 2008 3:08PM
If not GS then who who who?
(\___/)
(o\ /o)
//:.v.:\
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~~^~^~^~^^~~^^^~^
SPODE
Posted by guest , Sep 25, 2008 3:10PM
Did someone just see that CNBC report on Treasury Bills?
Equity protection
congress calls it back door ownership
sounds like some prison shit
-HEDGEmony
Posted by guest , Sep 25, 2008 3:12PM
sold GS.
Posted by guest , Sep 25, 2008 3:14PM
Seriously, I heard Clay Aiken bought a ton of Goldman 100 calls.
Posted by guest , Sep 25, 2008 3:15PM
Man, GS really twists your tits doesn't it Bess?
Posted by guest , Sep 25, 2008 3:17PM
it's neckless, dumbass.
Posted by guest , Sep 25, 2008 3:18PM
who's the clay-mate ??and why.
Posted by guest , Sep 25, 2008 3:18PM
who's the clay-mate ??and why.
Posted by guest , Sep 25, 2008 3:18PM
Lloyd + Hank = Delusional
Posted by guest , Sep 25, 2008 3:19PM
Man, GS really twists your tits doesn't it Bess?
Posted by guest , Sep 25, 2008 3:20PM
Clay-America were forming a union
Posted by guest , Sep 25, 2008 3:20PM
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
Posted by merkin capital partners , Sep 25, 2008 3:21PM
The media has correctly predicted 36 of the last 2 recessions.
Posted by guest , Sep 25, 2008 3:22PM
Claymerica. And it is necklace, not neckless
Posted by euler , Sep 25, 2008 3:23PM
Bess, if you were long GS you would tell us, right?
Posted by guest , Sep 25, 2008 3:23PM
I must confess. I wrote #1 & $16.
The Guy from Delaware
p.s. Horwats is a douchebag.
Posted by guest , Sep 25, 2008 3:24PM
@ 16 your a pompous ass just like the rest of them
Posted by guest , Sep 25, 2008 3:28PM
FDIC bitch slap to Bberg
http://www.fdic.gov/news/news/press/2008/pr08084.html
Posted by guest , Sep 25, 2008 3:31PM
@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
Posted by guest , Sep 25, 2008 3:34PM
@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.
Posted by guest , Sep 25, 2008 3:36PM
Hey @ 24 You could use some spelling lessons too. Why don't you post on the Sesame St. blog you tool!
Posted by guest , Sep 25, 2008 3:40PM
@25 - Care to clarify?
- Heywood Jablome
Posted by guest , Sep 25, 2008 3:43PM
@26 you think bad your nothing but a BUKAKE receptical
- Sal Manila
Posted by guest , Sep 25, 2008 3:44PM
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.
Posted by guest , Sep 25, 2008 3:48PM
@27 - don't give up on learning English. Do your parents always let you play on the computer right after school?
Posted by guest , Sep 25, 2008 3:53PM
@#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
Posted by guest , Sep 25, 2008 4:00PM
1 jumbo jet+1 palestinian+85 Broad
Posted by guest , Sep 25, 2008 4:01PM
@ 27 it was a typing error scrotum You must be perfect like your sis's pear shaped ass
Posted by euler , Sep 25, 2008 4:01PM
"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?
Posted by guest , Sep 25, 2008 4:12PM
Hey @27, your Dad told me about your sisters ass.
Posted by guest , Sep 25, 2008 4:18PM
@31...you're fucked. Bess, please pass 31's IP address to the JTTF...thank you.
Posted by guest , Sep 25, 2008 4:32PM
agreed with 35
Posted by guest , Sep 25, 2008 4:41PM
agreed with 36
Posted by guest , Sep 25, 2008 5:07PM
For some details on how they are stealing our money read:
http://yourmortgageoryourlife.wordpress.com/2008/09/25/paulson-bush-and-the-grifters-the-manufacturing-of-a-crisis/
Posted by guest , Sep 25, 2008 10:55PM
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