01/15/10 Stockholm, Sweden – There are more than enough voices out there to willing to criticize the banks for acting in their own self interest. In fact, in the clip below, one such voice reports that Goldman Sachs’ profit of “$12 billion last year…is precisely what taxpayers gave them, to help them get bailed out from their AIG exposure, it is all tax dollars…”
Of course, for perspective, this tar-and-feather job is from none other than former New York Governor Elliot Spitzer, who seems perfectly at ease casting the first stone.
See the below Daily Show video for more delight. It came to our attention via Zero Hedge in a post on who is really recovering from the financial meltdown.
| The Daily Show With Jon Stewart | Mon - Thurs 11p / 10c | |||
| Clusterf#@k to the Poor House - Wall Street Bonuses | ||||
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Rocky Vega
Rocky Vega is publisher of The Daily Reckoning. Previously, he was founding publisher of UrbanTurf and RFID Update, which he operated from Brazil, Chile, and Puerto Rico, and associate publisher of FierceFinance. He specialized in direct marketing at MBI, facilitated MIT Sloan School of Management programs, and has been featured on CBS. Vega graduated with honors from Harvard University, where he was on the board of Let’s Go Publications and directed business programs involving McKinsey, Goldman Sachs, and Harvard Business School faculty. He is also enrolled at the Stockholm School of Economics.
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Jon Stewart is the only honest “newsman” voice of our time. How is that for a sad commentary.