fools

  • 01 Sep 2011 at 11:07 AM

Like Bankruptcy?

In a statement, the Mets said, “After months of negotiations, the parties were unable to reach agreement, and the Mets ownership has decided to explore other options.” [NYT, earlier]

To make you look stupid. Continue reading »

Here’s one: in an online survey of current and former employees, Goldman Sachs beat out a whole slew of financial services firms to be named– wait for it– the second best place to work. Now, I know a lot of other banks and institutions would be sending out congratulatory emails about how great an achievement this is and so on and so forth right about now. That’s because these banks and institutions are losers, just as second place is (the number one loser, in fact). Reuters is trying to make a big deal of the whole thing, offering Goldman a pat on the back, going on about how this is great news in a time that Goldman could really use it, which is of course just making things worse. Why not draw attention to the fact that GS is the best place to work after freaking Susquehanna International Group, Reuters? You know what Goldman could really use, Reuters? You stuffing it. This is not great news. Goldman finishes second to no one and it certainly doesn’t finish second to companies headquartered in Lower Merion Township. Today, though, the bank did.

[Breathe] Continue reading »

A few months ago, a number of Goldman Sachs shareholders suggested that they have some sort of say on Lloyd Blankfein and the rest of his team’s pay. At the time LB and Co humored them because of the whole public image crap, and since it’d been suggested in their sensitivity training classes to “take a second and listen to what others have to say,” no matter how stupid they may be. Finally the torturous period of enforced “acting like you care” ended and my god, it felt so good to fire off a note letting clients know that next time, before drafting a letter full of feelings and ideas re: how the company should be run, to ask thyself, “Does anyone in the c-suite give a shit about what I think?” Most people feel in line but either the scamps at the Christian Brothers Investment Services didn’t get the memo or they’re trying to workshop some sort of comedy routine because what they’re suggesting is a real gas. Continue reading »