Geithner Pwns Union Stooge

In case you weren't aware of the stigma being called an investment banker carries these days, check out this exchange between Timothy Geithner and AFL-CIO mouthpiece Damon Silvers:

http://blogs.wsj.com/economics/2009/04/21/geithne…

I just find it hilarious that a union lawyer would go into a Congressional hearing totally unprepared and throw a meatball like that right into Geithner's wheelhouse. Still, how do you feel about some scumbag union lawyer thinking he's somehow better than an investment banker?

What's next? "Yes, Your Honor, it's true I sold heroin to school kids and went on a tri-state killing spree, but when someone accuses me of spreading comps, that's where I have to draw the line!"

 
Best Response
WSJ Blog:
Geithner responded: “I don’t think you meant that as a compliment, but I’ll take that as a compliment.”

First of all - Ha!

Edmundo Braverman:
Isn't law school basically "Plan B" for people who can't make it in investment banking anyway?

I was little offended by that since I once considered Big Law. Also, I'd call BS on that, but I considered law school as an option when I was looking for restructuring opportunities during my third year.

Anyway, it only applies to 10-15% of the law school population because as MDR so eloquently pointed out:

MDR:
And if you asked one of these jokers what an Investment Banker does, most of them have no f-ing clue. Deadbeats.

So if most of the lawyers/law school students don't know what banking is, then how can it be their Plan B.

Anyway, please note the comments at the bottom of the WSJ Blog. Not bad, funnier than most WSO comments.

I'm making it up as I go along.

------------ I'm making it up as I go along.
 
Cornelius:
MDR:
And if you asked one of these jokers what an Investment Banker does, most of them have no f-ing clue. Deadbeats.

So if most of the lawyers/law school students don't know what banking is, then how can it be their Plan B.

I know you're a regular here so you should know by now that about 95% of the people here who apply have no idea what investment banking is... issue resolved :-P

Jack: They’re all former investment bankers who were laid off from that economic crisis that Nancy Pelosi caused. They have zero real world skills, but God they work hard. -30 Rock
 

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