MetaFilter posts tagged with VampireSquid

Vampire Squid from Hell

Leucistic Cuttlefish — Tue, 09 Oct 2012 12:42:33 -0800

Vampyroteuthis infernalis, also known as the Vampire Squid from Hell. (SLYT)

A Vampire Squid with Muppets

Skygazer — Wed, 14 Mar 2012 02:41:23 -0800

Why I Am Leaving Goldman Sachs. New York Time Op-Ed. March 14th 2012:

TODAY is my last day at Goldman Sachs. After almost 12 years at the firm — first as a summer intern while at Stanford, then in New York for 10 years, and now in London — I believe I have worked here long enough to understand the trajectory of its culture, its people and its identity. And I can honestly say that the environment now is as toxic and destructive as I have ever seen it.

Greg Smith, an executive director at Goldman Sachs announces his resignation from the company in an op-ed for the NY Times, effective today:

It makes me ill how callously people talk about ripping their clients off. Over the last 12 months I have seen five different managing directors refer to their own clients as “muppets,” sometimes over internal e-mail. Even after the S.E.C., Fabulous Fab, Abacus, God’s work, Carl Levin, Vampire Squids? No humility? I mean, come on. Integrity? It is eroding. I don’t know of any illegal behavior, but will people push the envelope and pitch lucrative and complicated products to clients even if they are not the simplest investments or the ones most directly aligned with the client’s goals? Absolutely. Every day, in fact.

Let's find as many suckers as we can as fast as we can, because we'll only make more money as more and more shit hits the fan.

T.D. Strange — Wed, 11 May 2011 14:22:28 -0800

The People vs. Goldman Sachs. Matt Taibbi's latest magnum opus (previous coverage) lays out the full case for federal prosecutions against the Vampire Squid according to Sen. Carl Levin's Senate Subcommittee on Investigations. [Wall Street and the Financial Crisis: Anatomy of a Financial Collapse 650 page pdf].

Financial innovation, you say?

vivelame — Thu, 09 Jul 2009 08:36:15 -0800

Madness is doing the exact same thing over and over again and expecting different results. (SLBP)

The Great American Bubble Machine

philip-random — Mon, 06 Jul 2009 07:32:11 -0800

"The world's most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money." Matt Taibbi vs Goldman Sachs. “What you need to know is the big picture: If America is circling the drain, Goldman Sachs has found a way to be that drain -- an extremely unfortunate loophole in the system of Western democratic capitalism, which never foresaw that in a society governed passively by free markets and free elections, organized greed always defeats disorganized democracy.” previously.