{"id":191594,"date":"2009-07-22T19:38:00","date_gmt":"2009-07-23T00:38:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2009\/07\/22\/wow-very-white-of-them\/"},"modified":"2009-07-22T19:38:00","modified_gmt":"2009-07-23T00:38:00","slug":"wow-very-white-of-them","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2009\/07\/22\/wow-very-white-of-them\/","title":{"rendered":"Wow Very White of Them"},"content":{"rendered":"<p>It appears that after the obscene profits, generated by risk taking that is being bankrolled by an implicit federal guarantee, <a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601087&amp;sid=a6pS.2Pr7bdQ\">Goldman Sachs has deigned to accept the US Treasury&#8217;s price offer on the sale of their stock warrants<\/a>.  (See also <a href=\"http:\/\/money.cnn.com\/2009\/07\/22\/news\/economy\/tarp.warrants.fortune\/index.htm?postversion=2009072216\">here<\/a> and <a href=\"http:\/\/money.cnn.com\/2009\/07\/22\/news\/companies\/goldman_sachs_stock_warrants.fortune\/index.htm\">here<\/a>)<\/p>\n<p>I think that someone there realized that when people were referring to them as, &#8220;That great vampire squid wrapped around the face of humanity,<sup>*<\/sup>&#8221; that it was time to throw a few crusts to the <del>peasants<\/del> government of the United States of America.<\/p>\n<p>As a result of their unprecedented generosity, the chattering classes are once again singing their praises.<\/p>\n<p><sup>*<\/sup><span style=\"font-size:78%;\">Alas, I cannot claim credit for this bon mot, it was coined by the great Matt Taibbi, in his article on the <\/span><span style=\"text-decoration: line-through;font-size:78%;\" >massive criminal conspiracy<\/span><span style=\"font-size:78%;\"> investment firm, <\/span><a href=\"http:\/\/www.rollingstone.com\/politics\/story\/28816321\/the_great_american_bubble_machine\"><span style=\"font-style: italic;font-size:78%;\" >The Great American Bubble Machine<\/span><\/a><span style=\"font-size:78%;\">.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It appears that after the obscene profits, generated by risk taking that is being bankrolled by an implicit federal guarantee, Goldman Sachs has deigned to accept the US Treasury&#8217;s price offer on the sale of their stock warrants. (See also here and here) I think that someone there realized that when people were referring to &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[970,969,1004,985],"tags":[],"class_list":["post-191594","post","type-post","status-publish","format-standard","hentry","category-corruption","category-evil","category-finance","category-regulation"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/191594"}],"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=191594"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/191594\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=191594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=191594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=191594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}