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Will Goldman Sachs Prove Greed is God?

POSTED:

So Goldman Sachs, the world's greatest and smuggest investment bank, has been sued for fraud by the American Securities and Exchange Commission. Legally, the case hangs on a technicality.

Morally, however, the Goldman Sachs case may turn into a final referendum on the greed-is-good ethos that conquered America sometime in the 80s – and in the years since has aped other horrifying American trends such as boybands and reality shows in spreading across the western world like a venereal disease.

via Will Goldman Sachs prove greed is God? | Business | The Guardian.

This is a comment on Goldman and the Objectivist movement I wrote for the Sunday Guardian. For those wondering about some of the odd formatting and spelling, please remember that this is a British paper! I've already had letters pestering me about not knowing how to spell "Collateralized."

Extra points to those readers who can identify from which spot the term "hairy-backed" was removed by the Guardian UK editors.

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ABOUT THIS BLOG

Matt Taibbi

Matt Taibbi is a contributing editor for Rolling Stone. He’s the author of five books and a winner of the National Magazine Award for commentary. Please direct all media requests to taibbimedia@yahoo.com.

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