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.
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.