Goldman Sachs announced yesterday that it has so far been hit with six shareholder suits (on top of the SEC stuff, and in addition to a little criminal investigation by the Justice Department). And that's fine, it's no real sweat of Lloyd's sack, or the sacks of Gary Cohn, or Lucas van Praag, either. Sure, it threatened to disrupt the trifecta's viewing of last night's Real Housewives of New Jersey premiere but that was really it. An annoyance, yes, but one they've vowed to get used to, as suing GS is de rigeur among the peasants these days. If you think any of this is actually hurting them, as I'm sure many are hoping, you are sorely mistaken. The only time Lloyd feels pain is during the unfortunate times he runs into Viniar air-drying post soak and the obligatory bimonthly manscaping sessions downtown (you can't dip them in liquid gold unless they're completely hair-free). But you know who it is hurting? The children.
According to people who have attended client meetings at Goldman, President Gary Cohn and CFO David Viniar have each said the spate of legal troubles have been "tough on families. . .it's been tough on kids
Just something to think about next time you're trying to decide whether or not to go after the good of 200 West Street. Unless of course you're into this sort of shit, you sick fucks, in which case, proceed.