Comments on: Goldman needs to lose Gekko image http://blogs.reuters.com/great-debate/2009/08/04/goldman-needs-to-lose-gekko-image/ Thu, 21 Jul 2016 07:57:19 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: rayman in CA http://blogs.reuters.com/great-debate/2009/08/04/goldman-needs-to-lose-gekko-image/#comment-20623 Sat, 08 Aug 2009 18:14:52 +0000 http://blogs.reuters.com/great-debate/?p=4735#comment-20623 If FASB gets its spine back and reverses that terrible mark-to-myth ruling, many more banks will fall like dominoes.The depth of the deception in 2nd quarter earnings goes far, far beyond Goldman. But like the government, they will not let the upcoming financial crisis go to waste.

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By: JD http://blogs.reuters.com/great-debate/2009/08/04/goldman-needs-to-lose-gekko-image/#comment-20452 Fri, 07 Aug 2009 05:11:08 +0000 http://blogs.reuters.com/great-debate/?p=4735#comment-20452 <>Amen to that. This is not a matter of image or public relations; this is the matter of an elite group of influence- and money-wielding businessmen running a colossal scam on most of us, and making sure they have their hand in the kitty when the going gets rough. Hard to believe there aren’t five Pecora committees out for their blood. If the weak-livered Democratic politicians ever figured out that their ticket to (re)election is to stand up and say what most Americans think, we’d be making some progress. But of course that would violate their obligation to their masters at Goldman and their Goldman-like cronies. You could say we have the best government that money can buy! Too bad that isn’t true of our health care . . .

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By: Michael http://blogs.reuters.com/great-debate/2009/08/04/goldman-needs-to-lose-gekko-image/#comment-20341 Thu, 06 Aug 2009 17:33:54 +0000 http://blogs.reuters.com/great-debate/?p=4735#comment-20341 IPODs, TVs and cell phones are around thanks to the engineers and scientists working 150 hours weeks thru the school first, and than at the lab. And they are not 100% driven by greed….Investment banker’s role in this “enterprise” is usually “lend money” to fund the research usually after it has been proven to work with at least 70% chance or more, and then make a quick 10000% profit from the IPO. And to get there – some bunch of geeks-engineers have to bust their chops in the garage for few years ….

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By: Alejandro http://blogs.reuters.com/great-debate/2009/08/04/goldman-needs-to-lose-gekko-image/#comment-20300 Thu, 06 Aug 2009 14:46:00 +0000 http://blogs.reuters.com/great-debate/?p=4735#comment-20300 There´s only one way to repair the sorry state of the US economy, through innovation and investment into new projects and technologies. While its easy for MT to make a scapecoat of Goldman through hair brained conspiracy theories, if it wasn´t for the Wall Street banker working 100 hour weeks we wouldn´t have cell phones, IPODS, TVs, or anything else that the average drooling American can´t wait to put on their credit cards.Goldman won because they new better than to lend money to poor people without hedging their bets. It´s called risk management and we should all be grateful they´re still around.

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By: Anon http://blogs.reuters.com/great-debate/2009/08/04/goldman-needs-to-lose-gekko-image/#comment-20252 Thu, 06 Aug 2009 01:54:57 +0000 http://blogs.reuters.com/great-debate/?p=4735#comment-20252 The time of the Gorden Gekko Movement is over. People are no longer willing to accept greedy or corrupt behaviour by high profile people.Now all the Gekkos of the world need to adapt to a new form of behaviour. Also known as the Obama Movement:”Portray an image of ethics, charisma and understanding. That way, people will never realise that all you are doing is maintaining the status quo.”As the sheep change, so too must the wolf.

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By: Alex http://blogs.reuters.com/great-debate/2009/08/04/goldman-needs-to-lose-gekko-image/#comment-20222 Wed, 05 Aug 2009 16:46:22 +0000 http://blogs.reuters.com/great-debate/?p=4735#comment-20222 For six years I worked for GS dwarf clone – Bear Stearns. Not only higher management in this kind of companies usually consists of vicious greedy sub-humans, but even regular employees become rat racers equipped with poisonous fangs in bloody battles for super bonuses.

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By: Amandus Colver http://blogs.reuters.com/great-debate/2009/08/04/goldman-needs-to-lose-gekko-image/#comment-20204 Wed, 05 Aug 2009 15:34:14 +0000 http://blogs.reuters.com/great-debate/?p=4735#comment-20204 Goldman doesn’t need friends; they’ve got lots of those in Washington. What they need is a basic understanding of ethics and why ethical conduct is important in a civil society. But since that seems very unlikely, I would say let the anger mount. It is right and it is natural. Let the chips fall where they may.

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By: f belz http://blogs.reuters.com/great-debate/2009/08/04/goldman-needs-to-lose-gekko-image/#comment-20200 Wed, 05 Aug 2009 14:52:41 +0000 http://blogs.reuters.com/great-debate/?p=4735#comment-20200 Somehow this fiasco of greed and flaunting ethical business practices will end with a crash. There might be individual or multiple crashes but it will come. When the digging starts as to who was paid off then the furor will rise to a crescendo. Most of the people in the United States are giving people and their word is their bond. They know that there is a day of having to make good on all the rotten things that they did. I think that quite a few members of Congress will have to face up for their greed pretty soon.

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By: Sean http://blogs.reuters.com/great-debate/2009/08/04/goldman-needs-to-lose-gekko-image/#comment-20199 Wed, 05 Aug 2009 14:29:09 +0000 http://blogs.reuters.com/great-debate/?p=4735#comment-20199 It’s the beginning of the end for them and others like them. Humanity has to realize that there really is a puppetmaster and for the last 80 years it’s been Goldman Sachs. Would you keep a friend that not only didn’t have your best interests at heart but would happily step on your head if it meant making another dollar? So….

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By: Where's Mine http://blogs.reuters.com/great-debate/2009/08/04/goldman-needs-to-lose-gekko-image/#comment-20197 Wed, 05 Aug 2009 14:26:05 +0000 http://blogs.reuters.com/great-debate/?p=4735#comment-20197 Gekko & Taibbi were both right, but got only half the story – everything that eats, eventually gets eaten. Monsters feeding on other’s delusions will succumb to their own and greedily swallow their doom.

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