Senator Carl Levin Has A New Pet Name For Goldman Sachs Goldman Sachs is “a financial snake pit rife with greed, conflicts of interest, and wrongdoing,” Levin told reporters today.
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I agree ekudekud. lol I hate politicians so much, Levin doesn't even know the difference between prop and market making- which was like an hour of his argument in the GS hearings.
greed? on Wall Street? GOODNESS GRACIOUS ME, THAT'S HORRRRRIBLE http://2.bp.blogspot.com/_ZC1R_0tkPQs/TVGISbMZ2tI/AAAAAAAAA84/69D44Gej1…
Agreed with MMB, I watched some of the hearings and while I was a bit aggravated at how greasy some of the testifying Goldman staff were with their language, I was more pissed at Levin's vitriolic and slanted attacks. He's informed, but only in the most dangerous way: just barely.
I watched the hearings, and Mr. Levin is an idiot when it comes to financial issues. That someone like him should be the head of that subcommittee is a reflection on just how shitty our government is.
It's like someone gave one of reddit's users-of-the-month a mic, panel, and platform to interrogate the banks from.
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