
Goldman Abuse
Looks like not everyone in America just listens to the PRsters. Goldman Sachs abuse is back in vogue following the announcement of its results. Headlines such as Goldman Sachs is Robbing us Blind are not uncommon. And quarterly reports are now being looked at by more than just the accounting and financial community. This recent quote from Bloomberg by GS’s Chief Financial Officer David Viniar got the hackles up: “We operate as an independent financial institution that stands on our own …
Looks like not everyone in America just listens to the PRsters. Goldman Sachs abuse is back in vogue following the announcement of its results. Headlines such as Goldman Sachs is Robbing us Blind are not uncommon. And quarterly reports are now being looked at by more than just the accounting and financial community. This recent quote from Bloomberg by GS’s Chief Financial Officer David Viniar got the hackles up:
“We operate as an independent financial institution that stands on our own two feet,” Viniar, 54, said in a conference call with reporters today after the New York-based firm posted higher third-quarter profit. “We don’t think we have a guarantee.”
Maybe a look at footnote 3 to your own 10Q would help clarify via naked capitalism :










