{"id":182626,"date":"2015-07-20T20:12:00","date_gmt":"2015-07-21T01:12:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2015\/07\/20\/not-enough-bullets-43\/"},"modified":"2015-07-20T20:12:00","modified_gmt":"2015-07-21T01:12:00","slug":"not-enough-bullets-43","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2015\/07\/20\/not-enough-bullets-43\/","title":{"rendered":"Not Enough Bullets"},"content":{"rendered":"<p>I just heard that the head of Goldman Sachs, Lloyd Blankfein <a href=\"http:\/\/www.bloomberg.com\/news\/articles\/2015-07-17\/blankfein-becomes-billionaire-riding-goldman-s-shares-to-riches\">is now a billionaire<\/a>:<\/p>\n<blockquote><p><span style=\"color: blue;\">Goldman Sachs Group Inc. made hundreds of partners rich when it went public in 1999. Its performance since then has turned Lloyd Blankfein into a billionaire.<\/span><br \/><span style=\"color: blue;\"><br \/><\/span><span style=\"color: blue;\">The chief executive officer of the Wall Street bank for the past nine years, Blankfein has seen his net worth surge to about $1.1 billion as the firm\u2019s shares quadrupled since the initial public offering, according to the Bloomberg Billionaires Index. As the largest individual owner of Goldman Sachs stock, he has a stake in the company worth almost $500 million. Real estate and an investment portfolio seeded by cash bonuses and distributions from the bank\u2019s private-equity funds add more than $600 million.<\/span><\/p><\/blockquote>\n<p>All that money is because he was bailed out by the taxpayer.<\/p>\n<p>He should have gone to jail like Depression era NYSE boss <a href=\"https:\/\/en.wikipedia.org\/wiki\/Richard_Whitney_%28financier%29\">Richard Whitney<\/a>, who was jailed, and after his release, worked on a farm.<\/p>\n<p>This guy should be making license plates for the next few years, and thereafter, he should be banned from the securities industry for life.<\/p>\n<p>These guys should frog marched down Wall Street in handcuffs.<\/p>\n<p>We should make a parade of this, so that for the next few years, the bankster &#8220;Whiz Kids&#8221; will think twice before adding &#8220;innovations&#8221; that serve no purpose beyond lining their own pockets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I just heard that the head of Goldman Sachs, Lloyd Blankfein is now a billionaire: Goldman Sachs Group Inc. made hundreds of partners rich when it went public in 1999. Its performance since then has turned Lloyd Blankfein into a billionaire.The chief executive officer of the Wall Street bank for the past nine years, Blankfein &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[970,1052,969,1004],"tags":[],"class_list":["post-182626","post","type-post","status-publish","format-standard","hentry","category-corruption","category-crimes","category-evil","category-finance"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/182626"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=182626"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/182626\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=182626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=182626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=182626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}