Monday, June 22, 2009

Quote(s) of the Week (Early Contender)


"While we regret that we participated in the market euphoria and failed to raise a responsible voice, we are proud of the way our firm managed the risk it assumed on behalf of our client before and during the financial crisis."

-- Goldman, Sachs CEO Lloyd Blankfein, "apologizing" for his company's role in crashing America's entire economy

"We’re proud that we kept the extreme crapness of our mortgage securities secret from everyone but our clients, and fobbed off the nightmare leverage they created on dumbass AIG and all the pensioners and teachers and other idiots who bought this stuff. Go fuck yourselves and suck on our yachts."

-- Matt Taibbi, translating the above "apology"

4 comments:

Anonymous said...

To which I respond: Sit on it!

Taibbi rocks.

Michael said...

I Heart Taibbi!

Alex said...

"Go fuck yourselves and suck on our yachts."

I really wish I had more opportunities to say that...awesome.

Deacon Blue said...

I once participated in market euphoria...but that involved some Ectasy and some friends at the local grocery store...