Showing posts with label it's the stupid economy. Show all posts
Showing posts with label it's the stupid economy. Show all posts

Monday, June 22, 2009

Quote(s) of the Week (Early Contender)


"While we regret that we participated in the market euphoria and failed to raise a responsible voice, we are proud of the way our firm managed the risk it assumed on behalf of our client before and during the financial crisis."

-- Goldman, Sachs CEO Lloyd Blankfein, "apologizing" for his company's role in crashing America's entire economy

"We’re proud that we kept the extreme crapness of our mortgage securities secret from everyone but our clients, and fobbed off the nightmare leverage they created on dumbass AIG and all the pensioners and teachers and other idiots who bought this stuff. Go fuck yourselves and suck on our yachts."

-- Matt Taibbi, translating the above "apology"

Thursday, February 19, 2009

Wealth Care Crisis


Ladies and gentlemen, I give you the person who most needs a fist to the throat this afternoon: CNBC über-putz Rick Santelli.

Gawker: The Least Sympathetic Populist Rage Ever/2.19.09

Thursday, February 12, 2009

Bone Us


I swear. I just have to know.

Why -- for God's sake why -- haven't these arrogant bastards' high-rise offices been stormed and they been dragged by an angry mob into the streets and stomped to death?

Read, listen, and just be fucking infuriated.

The Huffington Post: "Please Do Not Call It a 'Bonus'": Bailed-Out Firms Find Ways to Continue Distributing Cash Rewards to Managers/2.11.09

Thursday, February 5, 2009

Year Zero


God bless Cesca. I think he's come up with the perfect theme for the public support of President Obama's economic recovery package.

As much as I hate to go negative on this (and I certainly think that any push back against the president's detractors must also include an affirmative defense), Cesca understands that if Obama's critics go unchallenged, it will be their message that winds up rising above the fray.

Read and spread the word.

Bob Cesca's Goddamn Awesome Blog! Go!: Operation Zero Cred/2.4.09