“Goldman’s clients are telling the firm, ‘Yes, you make us money. Yes, you’re the best on the Street. But, no, I don’t trust you,’ ” said one source. “Goldman isn’t there to give you the warm and fuzzies,” said a executive at a rival bank. “But there’s a sense on the Street that you want them in your corner in a pinch.” [NYP]

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Comments (17)

  1. Posted by Confoosed | October 18, 2010 at 5:45 PM

    “But, no, I don’t trust you.”

    “But there’s a sense on the Street that you want them in your corner in a pinch.”

    Isn’t that the definition of trust?

  2. Posted by Gulden Sachsanite | October 18, 2010 at 5:47 PM

    long-term greedy means front-running by 5 secs not 3 secs. capiche?

  3. Posted by HeartShaped Box | October 18, 2010 at 5:51 PM

    “They love me, they love me not, they love me, they love me not….”

  4. Posted by Guest | October 18, 2010 at 5:55 PM

    The Goldman safety net can be thought of this way…after they fuck you and have their way with you, they’ll give you the name of the best abortion doctor in town so you can discretely go “take care of things.”

  5. Posted by InfiniteGuest | October 18, 2010 at 5:57 PM

    News like this could be a real blow to someone’s already fragile self-esteem.
    Is it because the firm can do that thing with its tongue?

  6. Posted by COKED OUT BANKER | October 18, 2010 at 6:05 PM
  7. Posted by Covey01 | October 18, 2010 at 6:11 PM

    Are you really surprised? The firm is made up of great sharks (of all varieties). They are on call and ready to do business. The size of the wad the the factor. The rest is just white noise. Yes, attack dogs are befitting!

  8. Posted by Mathman Prophecy | October 18, 2010 at 6:25 PM

    The enemy of my enemy is my friend?

  9. Posted by Maxine W | October 18, 2010 at 6:36 PM

    “The size of the wad the the factor.”

    Perfectly put!

  10. Posted by Maxine W | October 18, 2010 at 6:36 PM

    “The size of the wad the the factor.”

    Perfectly put!

  11. Posted by PasteSpecialFormats | October 18, 2010 at 6:43 PM

    Goldman Sachs: Not Sensy

  12. Posted by Guest | October 18, 2010 at 7:26 PM

    Frenemies

  13. Posted by Guest | October 18, 2010 at 7:28 PM

    Didn”t I have this conversation in the back seat of a car in high school?

  14. Posted by Bear | October 18, 2010 at 8:14 PM

    While traversing the arid relm of Goldman Sachs, I may have to drink my own pee.

    -Bear Grils

  15. Posted by Guest | October 18, 2010 at 9:11 PM

    Finding a position that’s not awkward in the backseat of a Jetta is the NKI.

  16. Posted by JPM | October 18, 2010 at 10:35 PM

    Who placed this article?

  17. Posted by Guest | October 19, 2010 at 4:47 PM

    I opened this link thinking there might actually be news or perspective here…guess not

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