So asks Barry Ritholtz, financial world insider and respected financial commentator, author, and blogger. When folks like him start asking such questions…
The question isn’t whether Goldman Sachs is Taibbi’s “great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.”
It is much more simple than that — the more relevant question is “Can Goldman Sachs be trusted by their own clients?”
Judging from the comments to the post, Goldman is overwhelmingly not trusted by anyone.
Day in and day out, over many months now, the thought process that has matriculated on this blog (and on many other respected blogs covering the financial community) is one whereby everything either seems “cooked”, “papered over”, or downright FALSE”¦
The very theme of this thread is related to the role GS may be playing in this (in partnership with the government)”¦
Again, we have the curious phenomenon of financial and libertarian news sources becoming increasingly mistrustful and pissed at the banksters and government while the far left, who should own this issue, is comatose and doing nothing.