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Kucinich: "Is This The United States Congress Or The Board Of Directors Of Goldman Sachs?"

Speaking of Kuciniches and shit, here's the elder K losing his this afternoon.
Also, 60 Minutes is running a bizarre little special recapping the last few days that you would expect a month or a year after the fact. Paulson and Pelosi were interviewed about the Down On Your Knees heard round the world, and they were both super awkward about it. She started out by denying it had happened, and he immediately went on the defensive claiming it didn't mean anything, that it was a joke and he was merely injecting some much needed "levity" to the situation. I'm not saying they've got something to hide. But I'm not not saying they've got something to hide.
Best part: when Paulson says that the American taxpayers are concerned about the bailout and notes that "I would be too," perhaps implying that he is not in fact a tax paying citizen, which I think we can all agree would add an interesting twist.


Goldman Sachs Can Fix This

A week ago today, a man named Greg Smith resigned from Goldman Sachs. As a sort of exit interview, Smith explained his reasons for departing the firm in a New York Times Op-Ed entitled "Why I Am Leaving Goldman Sachs." The equity derivatives VP wrote that Goldman had "veered so far from the place I joined right out of college that I can no longer in good conscience say I identify with what it stands for." Smith went on to note that whereas the Goldman of today is "just about making money," the Goldman he knew as a young pup "revolved around teamwork, integrity, a spirit of humility, and always doing right by our clients." It was a culture that made him "love working for the firm" and its absence had stripped him of "pride and belief" he once held in the place. While claiming that Goldman Sachs has become virtually unrecognizable from the institution founded by Marcus (Goldman) and Samuel (Sachs), which put clients ahead of its own interests, is hardly a new argument, there was something about Smith's words that gave readers a moment's pause. He was so deeply distraught over the differences between the Goldman of 2012 and the Goldman of 2000 (when he was hired) that suggested...more. That he'd seen things. Things that had made an imprint on his soul. Things that he couldn't forget. Things that he held up in his heart for how Goldman should be and things that made it all the more difficult to ignore when it failed to live up to that ideal. Things like this:


The Stock Market Is Just "Taking A Little Pause," Says The Actual President Of The United States Of America

The primary mechanism through which capital flows in our economy just needs a little time-out, you guys, says a man who quotes Wells Fargo on purpose.