The Light Goes on for Ben Stein About Goldman Sachs
“Goldman has a fascinating culture. It is sort of like what I imagine the culture of the K.G.B. to be. You always put the firm first. The long-ago scandal of the Goldman Sachs Trading Corporation, which raised hundreds of millions just before the crash of 1929 to create a mutual fund, then used the fund’s money to prop up stocks it owned and underwrote, was a particularly sad example. The fund, of course, went bust.
Now, obviously, Goldman Sachs does many fine deals and has many smart, capable people working for it. But it’s not the Vatican….(Ed:??)
…Should Henry M. Paulson Jr., who formerly ran a firm that engaged in this kind of conduct, be serving as Treasury secretary? Should there not be some inquiry into what the invisible government of Goldman (and the rest of Wall Street) did to create this disaster, which has caught up with some Wall Street firms but not the nimble Goldman?”
Paulson Finds Bush’s Treasury No Career Enhancer Like Goldman
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NY Times Series on Global Warming Trends
Ice Free Passage Possible in Arctic by 2010
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It works particularly well if you don’t have to breathe at the same time.
Manhattan Turns to New Jersey to Fulfill its Need for Electricity
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