Wednesday, March 14, 2012

Mr. Smith & Goldman Sachs

You may have heard about the op-ed by the now ex-Goldman banker in the times.  If you haven't, have a read, it will give you an idea of the type of yahoo's you will end up servicing in the future.  And, you can just think, if they treat their clients like this, imagine how they treat their service monkeys.... Right.  But then again, we all pretty much knew what Mr. Smith is saying before he said it, didn't we.

Instead of worrying about the money you are they will make, get a dog and live happy.

Update: LL (the professor, not the cool J) responds to Mr. Smith. For those that don't have the patience to read news, basically he's saying, "No shit, Sherlock. Culture changed at every big bank when (a) they stopped being a partnership (think: corporate veil, or what the partners probably thought: corporate bulletproof vest) and (b) financial regulation and subsequent attempted financial regulation went the way of TSCA and self-pump basketball shoes (you know, when i was a kid, women always referred to their heels as 'pumps' - i never quite got that, i always imagined that their heels also had those cool little pump buttons somewhere and they'd pump 'em so they could jump higher in their heels...).  Anyway, his solution: turn 'em back into a partnership and of course, effective law.  Again, we all pretty much knew that too, I think.  I say, while we're at it (or rather, while Obama's at it), let's bring back the pump!

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