Also, “Lloyd’s done a much better job than some of the publicity [would indicate].” Corzine’s one suggestion: “speak a little less.”

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Comments (49)

  1. Posted by guest | February 24, 2010 at 12:07 PM

    Fine, I admit that I’m jealous that Lloyd has a dedicated population of virgins at his legal disposal to negotiate VBS and VDS derivatives with Palestinians. That actually brings up the question, are the virgins still technically virgins if they lick Lloyd’s balls? Do ratings agencies consider that cause for downgrade?

  2. Posted by guest | February 24, 2010 at 12:14 PM

    Yael, it’s you people, Jon and Lloyd is what the subprime is in trouble.

  3. Posted by guest | February 24, 2010 at 12:22 PM

    isn’t this the same guy who spent untold millions to become the governor of NEW JERSEY?? Probably has some slight head trauma from the accident still

  4. Posted by guest | February 24, 2010 at 12:22 PM

    Corzine is a liberal hypocrite of the worst kind. He couldn’t even get reelected in NJ. That says it all.

  5. Posted by highlyconfident | February 24, 2010 at 12:23 PM

    I’m jealous of Jon’s He-Man like strength.

  6. Posted by guest | February 24, 2010 at 12:23 PM

    No, it’s because you dumped a bunch of toxic stuff on buyers and then bet against them.
    “continued to serve clients better than most.”
    Yea, shorting against them, front running them, is so much better. Makes me proud.

  7. Posted by guest | February 24, 2010 at 12:37 PM

    I wonder if Corzine sucked as governor because he always said obvious things. Um, DUH! YOU THINK?!

  8. Posted by guest | February 24, 2010 at 12:45 PM

    Jealous that they can legally steal from the government!

  9. Posted by guest | February 24, 2010 at 12:49 PM

    @5 how good is Goldman? They don’t just front-run you, they front-run you and still get you the best price:
    http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aNykT4DvHd9A
    “Goldman Sachs Group Inc. ousted JPMorgan Chase & Co. as the firm that got the best prices for its institutional clients during Bloomberg’s 12-month ranking period from July 1, 2008, to June 30, 2009, according to data compiled by Ancerno Ltd.”

  10. Posted by Lucy van Pelt | February 24, 2010 at 1:13 PM

    Practice what you preach, old chum?

  11. Posted by volatilitysmile | February 24, 2010 at 1:14 PM

    There is no reason that they would not continue to do G_d’s work. Pump the ROE up, biatches.

  12. Posted by guest | February 24, 2010 at 3:36 PM

    @6 – thanks for playing! Very salacious words indeed.
    I assume by “dumped” you mean “sold third-party rated securities to willing and sophisticated institutional buyers at market prices using market convention sales processes.”
    By “then bet against them” I assume you mean “other parts of the huge firm, separated by legal and regulatory processes known as “Chinese walls”, made market direction bets against the housing industry using commonly available products.”
    Do I have you right? Or did you (since you obviously never worked institutionally on Wall St.) picture a bunch of people laughing evilly and rubbing their hands together while cackling about fleecing the widow who accidentally wandered into the high stakes poker game?

  13. Posted by guest | February 25, 2010 at 1:37 AM

    It is very simple, Goldman is a company with all of the people in all of the right places. Corzine is just a pawn. You think that it is a coincidence that Goldman is the #1 trader in the Carbon Trading Scheme? Don’t you doubt for a minute that Goldman has been in the right place at the right time because of their connections, you are ignorant if you think otherwise. This company is as corrupt as they come. Go ahead, buy their stock, and drink the kool-aid.

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