Comments on: Goldman’s conflicts, part 917 http://blogs.reuters.com/felix-salmon/2012/03/06/goldmans-conflicts-part-917/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: youniquelikeme http://blogs.reuters.com/felix-salmon/2012/03/06/goldmans-conflicts-part-917/comment-page-1/#comment-36799 Wed, 14 Mar 2012 19:54:41 +0000 http://blogs.reuters.com/felix-salmon/?p=12343#comment-36799 A Goldman former employee tells us clients are called muppets:

http://www.reuters.com/article/2012/03/1 4/us-goldman-smith-idUSBRE82D0RV20120314

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By: Danny_Black http://blogs.reuters.com/felix-salmon/2012/03/06/goldmans-conflicts-part-917/comment-page-1/#comment-36607 Wed, 07 Mar 2012 08:40:50 +0000 http://blogs.reuters.com/felix-salmon/?p=12343#comment-36607 Obviously wasnt clear. By organisations i meant like the greek dmo and buysides

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By: najdorf http://blogs.reuters.com/felix-salmon/2012/03/06/goldmans-conflicts-part-917/comment-page-1/#comment-36605 Wed, 07 Mar 2012 08:08:32 +0000 http://blogs.reuters.com/felix-salmon/?p=12343#comment-36605 “Also these organisations pay lots of money to consultants like Saul Haydon Rowe, Satyajit Das and Gustavo Piga. Weird, given how focused these people are on conflicts that they failed to mention this…”

So because Goldman pays not only their lapdogs but also their critics, we are to conclude that it is not possible to oppose crony capitalism and just figure out where to sign up for our checks? Please let me know where the line starts so I can get in right behind you.

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By: Danny_Black http://blogs.reuters.com/felix-salmon/2012/03/06/goldmans-conflicts-part-917/comment-page-1/#comment-36602 Wed, 07 Mar 2012 04:21:18 +0000 http://blogs.reuters.com/felix-salmon/?p=12343#comment-36602 Weird you didn’t quote the actual reason that GS was not happy about having the terms shopped around:

“It isn’t unusual for dealers to impose confidentiality requirements on clients in complex transactions to prevent traders from using the information to front-run or trade against the bank arranging and hedging the deal, said a former official who analyzed the swap and asked not to be named because the details are private. ”

Almost like you are trying to deliberately misrepresent the story….

I doubt GS could have stopped Greece going to other banks to try and structure a solution, it is just they were not allowed to shop around on the particular structure GS came up with. Also these organisations pay lots of money to consultants like Saul Haydon Rowe, Satyajit Das and Gustavo Piga. Weird, given how focused these people are on conflicts that they failed to mention this…

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By: Solbro http://blogs.reuters.com/felix-salmon/2012/03/06/goldmans-conflicts-part-917/comment-page-1/#comment-36599 Wed, 07 Mar 2012 00:02:58 +0000 http://blogs.reuters.com/felix-salmon/?p=12343#comment-36599 Its called arrogance. I think they call themselves “masters of the universe”

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By: mfw13 http://blogs.reuters.com/felix-salmon/2012/03/06/goldmans-conflicts-part-917/comment-page-1/#comment-36598 Tue, 06 Mar 2012 23:59:22 +0000 http://blogs.reuters.com/felix-salmon/?p=12343#comment-36598 “The question at this point is surely why any client would ever trust Goldman on anything”

A better version of this would read “the question at this point is surely why any SANE PERSON would trust any FINANCIAL INSTITUTION on anything?”

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By: vpanagio http://blogs.reuters.com/felix-salmon/2012/03/06/goldmans-conflicts-part-917/comment-page-1/#comment-36597 Tue, 06 Mar 2012 23:58:38 +0000 http://blogs.reuters.com/felix-salmon/?p=12343#comment-36597 It’s about time someone should do something about GS. these guys are not just bankers but their main goal is destroying countries & peoples just for fun. They have placed former employees as heads of state without any elections (SEE ITALY, GREECE)to deal with other bankers. It’s like letting the wolves looking over the sheep.

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By: philsci http://blogs.reuters.com/felix-salmon/2012/03/06/goldmans-conflicts-part-917/comment-page-1/#comment-36595 Tue, 06 Mar 2012 23:40:37 +0000 http://blogs.reuters.com/felix-salmon/?p=12343#comment-36595 Goldman could adopt the motto posted in my local bar: “We sc**w the other guy and pass the savings on to you.”

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By: MFI-Miami http://blogs.reuters.com/felix-salmon/2012/03/06/goldmans-conflicts-part-917/comment-page-1/#comment-36592 Tue, 06 Mar 2012 21:53:30 +0000 http://blogs.reuters.com/felix-salmon/?p=12343#comment-36592 Max Keiser described Goldman in one sentence when he said, ‎”Goldman Sachs is a financial Hermaphrodite.”

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By: Woltmann http://blogs.reuters.com/felix-salmon/2012/03/06/goldmans-conflicts-part-917/comment-page-1/#comment-36591 Tue, 06 Mar 2012 21:15:09 +0000 http://blogs.reuters.com/felix-salmon/?p=12343#comment-36591 All just illustrates why GS is superb incubator of civil service (career criminal) leadership especially at DoTreasury and the Fed. Why don’t we just quit with the BS and consolidate Treasury, Fed and GS as one .org. We could also integrate the US Senate just to complete the lean enterprise power loop.

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