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laserhaas

(7,805 posts) Fri Dec 28, 2018, 03:59 PM Dec 2018

Matt Taibbi thinks Goldman Sachs is in deep doo doo [View all]

Link to tweet

In Rolling Stone's new article, - titled -
.

The Malaysia Scandal Is Starting to
look dire for Goldman Sachs

Matt Taibbi says -

A pioneering twist on third-world corruption might be the biggest scandal the Vampire Squid has ever faced

Goldman Sachs, which has survived and thrived despite countless scandals over the years, may have finally stepped in a pile of trouble too deep to escape.

There’s even a Donald Trump angle to this latest great financial mess, but the outlines of that subplot – in a case that has countless – remains vague. The bank itself is in the most immediate danger.

The company’s stock rallied Thursday to close at 165, stopping a five-day slide in which the firm lost almost 12 percent of its market value. The company is down 35 percent for the year, most of that coming in the past three months as Goldman has been battered by headlines about the infamous 1MDB scandal.

Link to the entire Rolling Stone story

https://www.rollingstone.com/politics/politics-news/1mdb_malaysia-goldman-sachs-criminal-charges-772795/

10 votes, 0 passes \| Time left: Unlimited
	Matt Taibbi is one of the bravest journalists
	9 (90%)
	There are Wall Street stories even Taibbi is afraid of
	0 (0%)
	Who cares
	0 (0%)
	Laser and Taibbi are at odds with each other
	1 (10%)
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8 replies

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Highlight:

Matt Taibbi thinks Goldman Sachs is in deep doo doo [View all] laserhaas Dec 2018 OP

I'm glad Taibbi is heating up on such issues. Rolling Stone laserhaas Dec 2018 #1

Before naysayers tell you I'm full of it - here's the emails laserhaas Dec 2018 #3

I haven't read anything by Taibbi since reading about his time in Russia. n/t demmiblue Dec 2018 #2

The attempt to smear Taibbi on the Russian thing - failed laserhaas Dec 2018 #4

Even though Taibbi and I were fighting at the time - I reached out to comfort him laserhaas Dec 2018 #5

I'm becoming more and more convinced that we need a modern day Teddy Roosevelt Volaris Dec 2018 #6

Concur! laserhaas Dec 2018 #7

Main Stream is Gutless Lame Stream DEAD Toys R Us laserhaas Dec 2018 #8