Mark McHugh

Posts Tagged ‘Goldman Sachs’

Saint Hankenstein?

In stocks finance on Thursday, June 11, 2009 at 10:40 pm

saint hankensteinI know that TV appearances by uber-boob Steve Moore have proven to most of us  that the only thing the Wall Street Journal represents is the senseless slaughter of trees.  But from time to time, the shit gets so deep, real journalists take exception (no, not me stupid).

Comedy ensued when Matt Taibbi, author of the brilliant, must-read, Rolling Stone article, The Big Takeover took offense to a key-slappin’ douche-bag by the name of  Evan Newmark, who actually entitled a column, It’s Time to Enshrine Hank Paulson as National Hero. Rumor has is that Evan’s body of work also includes pieces entitled, Why don’t we name Streets after Hitler ? and Missing Michael Vick. But I digress.

Turns out Mr. Taibbi is also gifted with the hatchet (please note: I have corrupted the definition of “hatchet job” in my warped little mind.  I does not necessarily involve misrepresenting facts, but rather highlights absurdity and foolishness through the use of colorful explicatives), case in point:

Dear WSJ,

Just out of curiosity — did Evan Newmark ever work for Goldman, Sachs? And if the answer to the question is yes, don’t you think that might have been a good fact to disclose before he fellated Hank Paulson in his “Mean Street” column?

Matt Taibbi

Turns out Matt’s suspicions were right, so he wrote (among other things):

Can you imagine what a craven, bumlicking ass-goblin you’d have to be to get a job working for the Wall Street Journal, not mention up front that you used to be a Goldman Sachs managing director, and then write a lengthy article calling your former boss a “national hero”.

It’s mean, but it’s art.  Matt’s entire takedown can be found here:

But wait, there’s more to this story……..

Read the rest of this entry »

Goldman Sachs – Public Enemy #1

In Open Thread, stocks finance on Monday, April 13, 2009 at 11:33 pm

Author’s warning: What follows is a sprawling, bloody, semi-coherent mess (at best).  I wrote it when I learned that Goldman Sachs was trying to stifle someone’s right to freedom of expression and because I believe that our recent history is being morphed into an alternate reality, where many important details are being lost or erased.  I don’t trust McGraw-Hill (parent company of Standard and Poor’s) to write the history books.  So, I decided to sharpen the hatchet and take some whacks……

The megalomaniacs of Manhattan are at it again…….

First, it was Glass-Steagall, then leverage limits, then the uptick rule (I’ll pin that on them later)….now the first amendment is proving irritating to Goldman Sachs.  Yup, they’ve decided that an obscure blog called needs to be silenced.  Blogger Mike Morgan is the author  and has been warned he may face legal action if he does not “cease and desist”…..

Here’s the story by James Quinn (which incidentally, was reported by a British publication, because US propagandists journalists have already accepted the repeal of the first amendment) :

According to Chadbourne & Parke’s letter, dated April 8, the bank is rattled because the site “violates several of Goldman Sachs’ intellectual property rights” and also “implies a relationship” with the bank itself.

I guess running a “pump and dump” like Goldman did with oil last summer could be considered intellectual property, but mostly it proves  once again that the “smartest guys on the street” are pretty fucking dumb.  You see, if there’s one thing bloggers hate more than being ignored (and trust me, I know about being ignored), it’s being censored by scumbags like Goldman.  And when you get away with the greatest heist in history,  it’s probably a bad idea to shine the spotlight on those with a mountain of evidence against you.    In fact, if I were Goldman Sachs, I wouldn’t want my name and “conviction” uttered in the same breath (but that’s just me).  What kind of things would Goldman want suppressed?  Maybe things like:

more…… Read the rest of this entry »