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blogs.reuters.com - 6/29/2009
Goldman Sachs responds to Taibbi
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To give just two examples, even with the worst will in the world, the blame for creating the internet bubble cannot credibly be laid at our door, and we could hardly be described as having been a major player in the mortgage market, unlike so many of our current and former competitors. ... And ...
rollingstone.com - 7/4/2009
The Great American Bubble Machine
— rollingstone.com — In Rolling Stone Issue 1082-83, Matt Taibbi takes on "the Wall Street Bubble Mafia" investment bank Goldman... Sachs. The piece has generated controversy, with Goldman Sachs firing back that Taibbi's piece is "an hysterical compilation of conspiracy ... (more) The Great American Bubble Machine

Comments vote down J. Bradford DeLong's Grasping Reality with All Eight ... found this 7/4/2009found this
trueslant.com - 6/30/2009
Matt Taibbi - Taibblog - On giving Goldman a chance
— trueslant.com — After my Rolling Stone piece about Goldman, Sachs hit the newsstands last week (unfortunately the piece is... not yet up on the magazine’s web site, so I can’t link to it yet — but it is out in print), I started to get a lot of mail. Most of it was ... (more) Matt Taibbi - Taibblog - On giving Goldman a chance

Comments vote down Abnormal Returns found this 6/30/2009found this

Blog Reactions

Abnormal Returns:  Sunday links: savings surge

FT Alphaville:  Further reading

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Blog Reactions

Sunday links: savings surge
Abnormal Returns — ... in the domestic savings rate?  (Infectious Greed, Research Reloaded) Tough to find many GDP growth highlights in 2009.  (Bespoke) “If Summers winds up running the Fed, mark my word, inflation will follow.”  (Accrued Interest) Goldman Sachs (GS) execs have lost their stomach for public service.  (Felix Salmon) More on the CRA as primer mover ...

Further reading
FT Alphaville — ... Principal content Further reading Posted by Tracy Alloway on Jun 29 08:19. Elsewhere on Monday, - Debating the CRA , ad infinitum. - Regulation and distrust . - On moving averages and the end of the recession. - Lunching with the Oracle of Omaha . - “Economists suffer from a deep psychological disorder that I call ‘physics envy’.” - No math-magicians at the FSA. - Annals of Skype conversations , Nigerian scam edition. - Goldman responds to Rolling Stone. - The mambo of the US yield curve. - Further ...

Goldman again
FT Alphaville — ... relentlessly jamming its blood funnel into anything that smells like money. It then goes on to accuse GS of helping to inflate no less than four asset bubbles — 1920s equities, internet stocks, mortgages and oil — with their alumni permeating regulatory and federal halls of power to turn America into one “giant pump and dump scam”. Unsurprisingly, Goldman was none too pleased with the coverage. Here for instance, is GS spokesman Lucas van Praag, refuting some of the claims via Felix Salmon earlier this week: . . . Taibbi’s article is a compilation of just about every ...

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