[Today’s New York Times has a piece on the frontpage about Goldman Sachs new TV campaign, after it came out this week that GS referred to its suckers as “Muppets”]
My letter should appear in the Comments Section at the end of the article, later today.]
Here in the meantime is the complete text:
“Thank you for your submission. Your comment will appear once it has been approved.”
Malachi McCormickStaten Island, New York, U.S.A..
Dear Mr. Blankfein,
Get ready for OCCUPY GOLDMAN SACHS!
Check out FRONTLINE’s “Money, Power & Wall St.” & the Goldman Sachs it showed us before you start your intelligence-insulting PR campaign
I thought that you were the man at GS where “the buck stops”? Clearly, “The Buck” DOES stop there, but NOT the responsibility! That went spiralling on to the Suckers/Muppets/”Sophisticated Investors” who got caught.]
You & your 1% ilk seem to share the same management model with Rupert “I am not responsible. Those under me betrayed me & my trust” Murdoch. At the Senator Levin hearings, not ONE of those four GS top-earning witnesses –those brilliant “quant-nebbishes”– took a shred of responsibility. You yourself seemed incapable of grasping Senator Levin’s questions. [On a personal note I did find you more “likeable” than that scary foursome, though this mystifies me.]
GS’s “clever” recklessness played a huge part in causing the recession & the terrible pain it caused all over the nation. The question for you now is “What Lloyd Blankfein/ Goldman Sachs behavior will YOU change; what self-regulation will Mr. Blankfein embrace, so as to avoid causing such pain to us all again?”
There is an even more important question for you & all of Wall St. “Why do you & your 1% friends RESIST & REJECT the need for such regulation when justice REQUIRES it?”
We demand indictments & we demand Perp-walks. We require a healthy Wall St.
–Malachi McCormick, Staten Island