Think Progress

Goldman Sachs CEO says he’s ‘doing God’s work,’ rejects the idea that Goldman profits from gov’t support.

blankfeintpLast quarter, Wall Street investment bank Goldman Sachs made a $3.19 billion profit, and according to some estimates, the firm will set aside $21.9 billion for compensation this year. In an interview with London’s Sunday Times, Goldman CEO Lloyd Blankfein said that the firm is serving an important “social purpose” by helping companies grow, and denied the idea that Goldman is only able to make record profits thanks to government support:

Blankfein dismisses any suggestion that Goldman needed to be bailed out, and, by extension, rejects any notion that the firm is now profiting from public support. Sure, he took $10 billion from Washington’s Troubled Asset Relief Program (Tarp). But the bank has since repaid the cash, with healthy interest — 23%. Goldman also benefited from the federal bail-out of the huge US insurance firm AIG. Goldman had bought $20 billion worth of insurance from AIG and received billions of dollars — perhaps as much as $13 billion — when Washington pumped $90 billion into the stricken giant. But Blankfein insists Goldman was “hedged” against any AIG losses, in the best possible way — with cash.

Of course, Goldman’s profits have been driven in large part by its access to cheap federal dollars, and the firm may have gone under were it not for its status as a “too big to fail” firm. But Blankfein told the Times that he is just a banker “doing God’s work.” And evidently God’s work — bonuses and all — cannot be questioned.



138 Responses to “Goldman Sachs CEO says he’s ‘doing God’s work,’ rejects the idea that Goldman profits from gov’t support.”

  1. evangenital says:

    God’s work sure does take one hell of a lot of money.


  2. P.D. says:

    Blankfien should remember what it says in the Bible. ‘It is easier for a camel to go trough the eye of a needle, than a rich Man to enter the gates of Heaven’


  3. USNclerk says:

    Furthering the crippling advancement of the profit motive is not God’s work.


  4. EugeneDebs says:

    Corporate elitists ALWAYS vehemently deny the REALITY that much of our economy is based on public cost and public risk turned into PRIVATE PROFIT. Costs and risks are socialized then the profits are privatized. That basic reality MUST be kept from Americans at all cost


  5. larkohio says:

    Didn’t Jesus chase the money changers out of the temple? He must have forgotten one. What an arrogant individual!


  6. evangenital says:

    According to the holy rollers, God favors the virtuous by making them wealthy.

    Poor people will always be poor because they are sinners.

    We are on the cusp of a neo-Victorian age of smarmy piety and the sanctification of greed.


  7. PatrioticLiberalChristian says:

    God’s work? Yes, it is….if money is your god.


  8. evangenital says:

    Corporatism is destroying this nation.


  9. P.D. says:

    lark@5, That’s the NEW Testament, If anything, rich, old, white guys look to the OLD Testament. They love their All Powerful angry vengeful God, compared to the compassionate Jesus.


  10. larkohio says:

    PD, I’d rather stick with the New Testament, but you are so right on this one. They do like that angry, vengeful God, as long as God is not looking at them….


  11. Badmoodman says:

    Goldman Sachs CEO says he’s ‘doing God’s work…

    – - And yet, the meek shall inherit the earth. So, is God an inside trader?


  12. Powkat says:

    The arrogance of that man. I’ve got news for you, bucko – teachers do God’s work, nurses and doctors do God’s work, mothers do God’s work – you profit from greed and ignorance, and if you believe in God should be worried about your soul


  13. cd says:

    Leave God out of this money changer.


  14. Buckie Boy says:

    a banker “doing God’s work.”

    This brings to mind something about a Rich Man and some Camel and a Needle.

    Of course a capitalist like this does not see the irony of God wanting Profits.


  15. evangenital says:

    There are prophets, and then there are profits.


  16. nellre says:

    This is a cult. These guys believe God has put them above the rest… like God’s chosen, and they need not follow any rules. That they reap boundless rewards is a given.

    It’s insane, of course, no different than certain types of serial killers as seen on Criminal Minds… they’re convinced what they do is for our own good.



  17. Uncle Fester Lurks says:

    Obviously Goldman Sachs God is Mammon.


  18. P.D. says:

    Pow@12, I couldn’t have said it better myself. My husband is a carpenter, my friends are teachers and nurses. THEY are the salt of the Earth. People like this man have no soul. If he believes he is truly doing God’s work, then he should give his illgotten money to Charity.


  19. EnnuiDivine says:

    *Plundering the nation’s treasury is God’s work.

    *Killing thousands of Arabs and Afghanis in the name of Democracy is God’s work.

    *Destroying the enviornment in the name of Dominionism is God’s work.

    I ask you: What kind of asshole God would allow that to be done in his name?


  20. Uncle Fester Lurks says:

    I wonder if the idiots on the religious right would agree with him?


  21. RUCerious says:

    This XianfundiePharisee probably sent his kids to Jesus camp.


  22. Uncle Fester Lurks says:

    evangenital says:

    There are prophets, and then there are profits.
    ————————————————————
    And then there are false prophets, profiting from the word of God.


  23. RUCerious says:

    This seals it;

    XianFundialism is a mental illness.


  24. cd says:

    thirty pieces of silver.

    I bet that’s what this scum would take for his soul.


  25. P.D. says:

    Uncle@20, Yeah! I wonder what the ‘Tea-Baggers’ and the ‘912ers’ think about what Blankfein said. Oh, who are we kidding? Those people don’t even read newspapers. They watch Faux News and think they are informed.


  26. RUCerious says:

    Dear Lloyd Blankfein,

    Get a grip, man. You make a huge profit from buying and selling shit you just make up.
    This in no way adds anything to the economy, the karmic cycle or the planet.

    Get over, way the fcuk over yourself.


  27. A Patriot Acting says:

    Lloyd Blankfein doing God’s work?

    From Wall Street to C Street I guess.


  28. delafield says:

    Goldman CEO Lloyd Blankfein reminds me of Bernard Madoff. Both of them are greedy and shameless.


  29. Uncle Fester Lurks says:

    This is a man who is truly doing God’s work and he didn’t ask for government bailouts. We need more Christians like this in the world!!!!!

    http://www.startribune.com/local/west/69486467.html?elr=KArks:DCiUHc3E7_V_nDaycUiD3aPc:_Yyc:aUUr


  30. DNFP says:

    …doing God’s work

    -The christian equivalent of “Allahu akbar”.

    Great job.


  31. pags2 says:

    I find it odd that Goldman made a profit of $3.19 billion in profit and management is setting aside $21.9 billion to pay bonuses. Sounds like a job for the shareholders and board of directors to step in on this massive giveaway.


  32. SP Biloxi says:

    “Goldman Sachs CEO says he’s ‘doing God’s work,’ rejects the idea that Goldman profits from gov’t support.”

    Yeah, and which God is the CEO is referring to. As I am reminded from my pastor when people say that money is the root of all evil. It is the love of money is the root of all evil. And it is a shame that the CEO would use God’s name when it is the love of the money that hearts Goldman CEO.


  33. P.D. says:

    Actually, anything these guys are doing is a sin in he eyes of the Lord, isn’t it? I always thought greed was one of the Deadly Sins. Why is that rich, white guys can always get away with that? Pat Roberson, and all these other ‘Evangecals’ live a life in spendor, I always thought that was wrong.


  34. EugeneDebs says:

    Goldman Sachs got a HUGE gov bailout when the Fed decided to make AIGs bad debts good at 100%. If YOU go bankrupt many of your creditors get only PART of what you owe. When AIG went belly up GS got credited with EVERYTHING owed at THEIR projected profits.


  35. pete says:

    I thought that the Catholic church was God’s official banker.


  36. po says:

    Come again, why did Jesus destroy the temple? Someone, anyone . . .

    Oh, to have been born on homeplate yet be naive enough to believe I had hit a triple and was stealing home (the pun totally intended) all by myself.

    to be fair, the government should have taken a > 50% interest in his company, but then that would be . . . capitalism.


  37. Uncle Fester Lurks says:

    We are aware of them dumbass!


  38. P.D. says:

    Oh God, Just when you think the troll would this one out, he appears again. He is like a bad rash that won’t go away.


  39. Uncle Fester Lurks says:

    Sandwiches from a Savior

    A touching article about Mr. Alan Law a retired Minneapolis school teacher who truly is doing God’s work without receiving government bailouts.

    http://www.startribune.com/local/west/69486467.html?elr=KArks:DCiUHc3E7_V_nDaycUiD3aPc:_Yyc:aUUr


  40. EugeneDebs says:

    HF

    We pay no attention to YOU. You are stupid. You are a worthless punkass troll and you are far too ignorant to be butting into an adult conversation just STFU


  41. EugeneDebs says:

    HF

    Before YOU post you should add a disclaimer. That you are a stupid brainwashed pile of dogshit without a single functional braincell


  42. godistwaddle says:

    Since “god’s”™ work has always been to discomfit and afflict man (dracuculiasis, loa loa, the candiru fish) Goldman Sachs IS doing “god’s”™ work.


  43. EugeneDebs says:

    HF

    No I didnt. I understand you are so stupid you mistake slapping the stupid out of you for taking you seriously but no one else here is anywhere NEAR as stupid as you are.


  44. Jackie says:

    Glad to see Goldman cleared up that question of who these guys are following. Looks like Satan has alot of followers as even Bush and the GOP use the same God for their EVIL. Satan’s biggest supporter is none other then Dick Cheney. As we watch thousands of GOP supporters follow the Satan Workers in the name of God we can now understand how we got in this mess. Like Judas as he turned in Jesus to die, it in the name of God he did it.


  45. Uncle Fester Lurks says:

    I wonder if HP was aware of Bush’s ties to Goldman Sachs, Oil Companies, Enron, the failed Harken Oil……..?


  46. blue53 says:

    When did, in this country, every other story revolve around god and religion. I am sick to death having to look at this sh$t. Keep you GD GDing beliefs to your self.
    If anyone thinks that these Revisionist, christian nationalists, biblical capitalists, dominionists, are taking over without a fight–think again.


  47. godistwaddle says:

    Since “god’s”™ work has always been to afflict mankind (loa loa, dracunculiasis, the candiru fish)Goldman Sachs is doing “god’s”™ work, in spades.


  48. delafield says:

    Why is it that when I look at Blankfein’s face, I have the urge to rip it off?


  49. Uncle Fester Lurks says:

    HP only approves Goldman Sachs raping of America when a republicon president is in office.


  50. Uncle Fester Lurks says:

    Come on HP, you misguided, ignorant little cretin, tell us the truth. You didn’t give a damn what Goldman Sachs and the other criminals in the banks and on Wall Street did until a democrat became president.


  51. noseeum says:

    I wonder if HP is aware of former treasury secretary Hank Paulson’s ties to Gold-man’s Sacks.


  52. Dr. Hussein Matt says:

    Before HF “authors” another post on TP, she should add the following disclaimer:

    “I am a f**king moron and total inbred hick who is clueless but thoroughly hates America”.


  53. Uncle Fester Lurks says:

    noseeum says:

    I wonder if HP is aware of former treasury secretary Hank Paulson’s ties to Gold-man’s Sacks.
    ———————————————————-
    Shhhh….you will pollute it’s beautiful mind with facts!


  54. Buckie Boy says:

    HufferFckhead should go back to huffing gas in his little pup tent.


  55. Uncle Fester Lurks says:

    Obama and the democrats don’t shove their Christian beliefs down the throats of the rest of America…unlike rethuglicans and the religious zealots of the religious right!


  56. Zooey says:

    God’s work…?

    Has Blankfein met up with the Phelps gang yet?


  57. Uncle Fester Lurks says:

    Oh….little HP voted down my comment which pointed out that it doesn’t like to pollute it’s little mind with inconvenient truths. Bah-ha-ha-ha-ha-ha-ha-ha-ha-ha!


  58. EnnuiDivine says:

    HF seems to be a bit ornery today.

    Methinks he doth abuse inhalants too much.


  59. Uncle Fester Lurks says:

    HF, but I’m addressing you and I’m under the growing opinion that you not only are a lonely, pathetic right wing loser with no life but also a lowly, untalented, ignorant republican slug.


  60. Dr. Hussein Matt says:

    Johnny is calling you, Jeffy. His diapers need to be changed, again.


  61. Uncle Fester Lurks says:

    EnnuiDivine says:

    HF seems to be a bit ornery today.

    Methinks he doth abuse inhalants too much.
    ————————————————————–
    Well his mother/girlfriend did say that HP had a problem sniffing solvents and eating lead paint chips as a youth.


  62. EugeneDebs says:

    HF what do you get out of posting here when all you accomplish is showing how stupid and brainwashed morons like you are? Just STFU. Actual adults are talking about things you will always be too stupid to comprehend


  63. Dr. Hussein Matt says:

    HF = Jeffy Bovine (i.e., Johnny Dollar’s buttboy)

    Seriously, you are a pathetic loser, hick. You spend every waking moment trolling TP. Go swallow a bullet. Your contribution to society is zero, Jeffy. No one but your butt boy will know you ever existed.


  64. Dr. Hussein Matt says:

    HF says:
    Cur [sic] personal attacks,

    Ewe speeken engrish so goode.


  65. Uncle Fester Lurks says:

    Oh teh horror, it voted down another one of my inconvenient truths regarding it’s pathetic existence and sheer ignorance!

    Let’s pray that HP who has the IQ of a gnat doesn’t pro-create. As they say ignorance breeds more ignorance and HP is the poster child for ignorance!


  66. EugeneDebs says:

    HF

    Personal attacks are all you deserve. It isnt like you will ever have the brainpower to contribute to this site in any way. You dont even TRY to. You just come here to annoy us and heap contempt on us so you only look like the pathetic moron you are when you snivel like a punk that WE treat you the way YOU treat us


  67. Dr. Hussein Matt says:

    When you been debunked, mention Ellen! LOL!!


  68. Leftside Annie says:

    If I were God, these people would seriously be pissing Me off.


  69. DRxJ says:

    Just out of curiosity, has Twajie (HP) proven that PRESIDENT Obama forced a “yes” vote out of Cao, by threatening to hold funds for his district?

    Because until Twajie does, or admits that he made the $hit up, he’s got nothing to even garner attention to.

    Vote down.
    Ignore.
    Watch him self destruct.


  70. EugeneDebs says:

    HF

    Debunked??? My GOD you are stupid AND apparantly delusional. You couldnt debunk an iceberg on the Sun theory. Dont you GET how stupid you are yet?


  71. EugeneDebs says:

    And HF FAILS again with the pathetic I know you are but what am I gambit. How can trolls as pathetic and stupid as HF stand to even exist? How is it that the fact they are stupider than any human being has a right to be not haunt them?


  72. USCKitty says:

    P.D. says:
    Blankfien should remember what it says in the Bible. ‘It is easier for a camel to go trough the eye of a needle, than a rich Man to enter the gates of Heaven’

    tHAT’S just liberal bias in the media and you know damn well it is. Now go to conservapedia and have your eyes opened to the real Bible. /snark


  73. Uncle Fester Lurks says:

    HP appears to be an army of one dumb m-phucker!


  74. Dr. Hussein Matt says:

    By the end of the week Jeffy Bovine/HF/JD’s butt boy will be banned yet AGAIN, and will once again have to come up with a new moniker. Nice “life”, butt boy.


  75. DRxJ says:

    Just for the record, when I do go after typos, it’s because you’ve slaughtered the English language in such a way that I have no other option but to point out how idiotic and childish you come across.

    Geez,
    Cabo Wabo with Sammy Hagar much?


  76. Leftside Annie says:

    nellre says:

    This is a cult. These guys believe God has put them above the rest… like God’s chosen, and they need not follow any rules. That they reap boundless rewards is a given.

    From what I understand about religious philosophy, the one most likely to be the force behind these people is SATAN.

    Remember: Satan tempted Jesus with visions of worldly power and wealth…

    Jesus always said that His kingdom was not of this earth.


  77. USCKitty says:

    HF says:
    Pay no mind to the obama administrations ties to sachs and aig, ok?

    Yet you pay no mind to your god’s (Bush) ties to SACHS and AIG…


  78. EugeneDebs says:

    See HF we understand that YOU are so stupid you think swatting a fly means you are paying ATTENTION to the fly. As feebleminded as YOU are you would have to. Just slapping the stupid out of you with one hemisphere of my brain tied behind my back while watching TV and drinking coffee isnt paying attention to you. Its just wasting time. Trust me no one here but other trolls are stupid enough to take anything you say seriously.


  79. DRxJ says:

    Okay, does anyone have any idea what the heck Twajie is critiquing my post about?

    Or did I just get a lesson on Basic Typing 101?


  80. cd says:

    FTR just because he has the nerve to mention God does not mean he’s a Christian in any sense.


  81. Uncle Fester Lurks says:

    HP your pathetic comments show desperation each and every time you post one. But hey, I understand. This is the only time you can interact with intelligent life so have at it.

    I mean really, being despised in real life, being disowned by your family and friends, your dog committing suicide, your beloved gNOp becoming the minority party, a black man is now president, life must really suck for you HP!

    May I suggest you take a sh*t, fall through your a$$hole and hang yourself?


  82. PatrioticLiberalChristian says:

    DRxJ says:
    Just out of curiosity, has Twajie (HP) proven that PRESIDENT Obama forced a “yes” vote out of Cao, by threatening to hold funds for his district?

    Because until Twajie does, or admits that he made the $hit up, he’s got nothing to even garner attention to.

    Vote down.
    Ignore

    Bears repeating.
    Once a troll refuses to answer/account for its statement, I would like to see us all just keep repeating the question and confrontation.


  83. lexslamman says:

    By this logic, then, all the priests, monks, and nuns who take vows of poverty are doing the devil’s work, and Mother Teresa was an incarnation of Baal sent here to indoctrinate us into the ways of evil.


  84. Uncle Fester Lurks says:

    HP must have went on his meth break.


  85. Uncle Fester Lurks says:

    How is that mother/girlfriend thing working out for you HP?


  86. gummitch says:

    I noticed a number of comments about Jesus and the camel and the moneylenders… Does anyone know for a fact that Blankfein is a Christian?


  87. Briseadh na Faire says:

    Charles Dickens got it all wrong. Scrooge was doing God’s work before the three Spirits intervened.


  88. Uncle Fester Lurks says:

    Yes HP is here…unfortunately.


  89. noseeum says:

    “Does anyone know for a fact that Blankfein is a Christian?”

    Sure doesn’t sound like it…but then, ahem, lots of other religious faiths believe they are doing god’s work as well…


  90. EugeneDebs says:

    HEY HF the ignorant liar and worthless pile of dogshit is here. Wait he is always here. Since he is too stupid to contribute to society he just comes HERE to prove just what a worthless moron he is


  91. Uncle Fester Lurks says:

    gummitch says:

    I noticed a number of comments about Jesus and the camel and the moneylenders… Does anyone know for a fact that Blankfein is a Christian?
    —————————————————————
    In all probability he’s a Christian in name only, just like Bush and Cheney.


  92. DRxJ says:

    Ummmm, Twajie, I’ve not seen one post by Parodyll here today?
    What the PHOOK are you on?

    Hey, how’s that proof, that PRESIDENT Obama muscled Cao’s vote of “Yes”, coming along?


  93. Uncle Fester Lurks says:

    Okay, I’ve wasted enough time with this ignorant troll. Perhaps the next time I engage it, it’s IQ will rise to the level of a lowly garden slug. I know….wishful thinking.


  94. gummitch says:

    noseeum says:

    “Does anyone know for a fact that Blankfein is a Christian?”

    Sure doesn’t sound like it…but then, ahem, lots of other religious faiths believe they are doing god’s work as well…

    It would at least let him off the hook with the New Testament.


  95. pete says:

    Uncle Fester Lurks says:

    “Okay, I’ve wasted enough time with this ignorant troll. Perhaps the next time I engage it, it’s IQ will rise to the level of a lowly garden slug.”

    It would have to reach the level of a garden hose first.


  96. EugeneDebs says:

    HF you ignorant pile of dogshit. Sure Nutjobs like Hassan OR Jim Jones and David Koresh. You do understand you are a stupid piece of filth dont you?


  97. noseeum says:

    HF says:
    (lots of other religious faiths believe they are doing god’s work as well)
    malik hasan/muslims?

    Heh.
    You stepped right into that one, didn’t you?
    LOL


  98. pete says:

    As I understand it, it doesn’t matter what his personal Beliefs are, if he doesn’t send 10% to Rome he’s doomed.


  99. blue53 says:

    Uncle–blue 53 will worry about President Obama when he starts to tell us god talks to him directly.

    “I’m driven with a mission from God. God would tell me, ‘George, go and fight those terrorists in Afghanistan.’ And I did, and then God would tell me, ‘George go and end the tyranny in Iraq,’ and I did.”


  100. EugeneDebs says:

    Sure I can HF

    You are stupid. You were born stupid. You will die stupid. You will spend every waking moment in between stupid. Everyone here KNOWS how stupid and miserable you are. Just kill yourself. You are far too stupid to be wasting oxygen a higher lifeform could be using like slimemold


  101. Wayne A. Schneider says:

    HF,

    You are cordially invited to engage in an act of auto-fornication. Enjoy yourself.


  102. noseeum says:

    Blankfein took over as CEO of Goldman Sacks, replacing Hank Paulson.


  103. noseeum says:

    HF says: etc…

    You’re not real astute, are you?


  104. dbadass says:

    Hi HF
    I sort of think you are a fake. Are you?


  105. Purple State says:

    Uncle Fester Lurks says:

    Okay, I’ve wasted enough time with this ignorant troll. Perhaps the next time I engage it, it’s IQ will rise to the level of a lowly garden slug. I know….wishful thinking.

    Yes, I’m still waiting for Olby Sucks to answer something addressed in ThinkFast, but like the GOP version of the health reform bill, it will never see the light of day any time soon.


  106. pete says:

    Has anyone been able to figure out what the stupid troll is even defending and/or proposing?


  107. dbadass says:

    How long do you think that will last? Why even bother? So you are a pretender aren’t you?


  108. EugeneDebs says:

    No HogFukcer. No contraire. You are NOT astute. You are stupid. You are mind numbingly stupid. It is your defining characteristic


  109. dbadass says:

    Hi pete:
    It appears to be the usual cry for attention. Nothing more…


  110. mary lacewing says:

    pags2 says:

    I find it odd that Goldman made a profit of $3.19 billion in profit and management is setting aside $21.9 billion to pay bonuses. Sounds like a job for the shareholders and board of directors to step in on this massive giveaway.

    Oh but pags2 – the only reason they made $3.19 billion in profit was because all that high-end talent was MOTIVATED to work hard enough to do it by promising them godzilla-sized bonuses you see!

    Now imagine if they promise them, oh I don’t know, $50 Billion in bonuses? The ‘talent’, the ones that are so valuable that if you don’t promise them bonuses will just go elsewhere, might make $10 Billion in profit for them!

    (snarkily yours)


  111. noseeum says:

    pete says:
    “Has anyone been able to figure out what the stupid troll is even defending and/or proposing?”

    That’s not it’s point. It’s just being contrairee.


  112. Wayne A. Schneider says:

    HF says:

    Oh, contraire….;)

    Au contraire, it’s “au contraire


  113. mary lacewing says:

    lexslamman says:

    By this logic, then, all the priests, monks, and nuns who take vows of poverty are doing the devil’s work, and Mother Teresa was an incarnation of Baal sent here to indoctrinate us into the ways of evil.

    Lousy nuns giving all those free meals to the homeless, comforting people for free, not helping keep our economy going by buying expensive clothing and jewelry – they’re stealing jobs from real Americans I tell ya!

    (in a snarky mood today)


  114. pete says:

    I figured as much. Generally I can infer a position based on the story but our poor pet got himself so tied up that the usual methods are inadequate.


  115. Game of Life says:

    It cracks me up when these rich greedy lying thieves say they deserve the money because of the “risks” they take, as if the risk involves their life. It’s more relevant to compare their “risk” to casino gamblers owners.


  116. EugeneDebs says:

    C’mon Wayne. You didnt seriously expect HF to have any dim idea what he was talking about did you? The punkass troll is the stupidest thing since the spam Edsel


  117. QXXIX says:

    Ezekiel 18:13 –

    He lends at usury and takes excessive interest. Will such a man live? He will not! Because he has done all these detestable things, he will surely be put to death and his blood will be on his own head.


  118. Wayne A. Schneider says:

    Eugene,

    I know. It’s clear he hasn’t dazzled us with his brilliance, so he’s trying to baffle us with his bullshit. I’ve seen his kind before.


  119. cd says:

    @ gummitch 100

    No infact all the evidence points towards this guy being Jewish.

    FTR I’m not saying he is since I don’t know that.


  120. pags2 says:

    mary lacewing says:
    Oh but pags2 – the only reason they made $3.19 billion in profit was because all that high-end talent was MOTIVATED to work hard enough to do it by promising them godzilla-sized bonuses you see!

    I don’t understand how bonuses can be larger than the profits. In this case, the bonuses are 7X the profits. Most corporations do not pay yearly bonuses to execs that exceed the profits. If I were a shareholder I would be organizing proxies to remove directors and management.


  121. DaveE says:

    I wonder if the idiots on the religious right would agree with him?
    .
    I can tell you that, privately, a lot of church-going people are just disgusted by people like him. They just can’t bring themselves to publicly denounce what he said because free-market capitalism is almost the national religion in this country now. The “nice” thing is, you don’t have to have a conscience to practice it. The “market” will stop you if you go too far.
    .
    Some that believe think that God will let you know if you step over the line by making you fail. Others believe God lets anyone get as greedy as they want and will require them to answer for that later.
    .
    However, speaking out against greed in any form is almost considered “un-American” at this point in time. Most fundamentalists know too many people who would be upset if they came out too forcefully against greed. Easier to keep quiet and keep your “friends”.


  122. gummitch says:

    Wayne A. Schneider says:

    Eugene,

    I know. It’s clear he hasn’t dazzled us with his brilliance, so he’s trying to baffle us with his bullshit. I’ve seen his kind before.

    No, Wayne, you’ve seen HIM before. Many times and many socks. Pathetic time-wasting attention suck pretty much sums it up.


  123. Wayne A. Schneider says:

    DaveE,

    But they should speak out. Greed is one of the Seven Deadly Sins. How could they remain silent? If they are truly as pious as they would have us believe, they should be screaming the loudest about this kind of selfish, greedy behavior. Shouldn’t they?


  124. Wayne A. Schneider says:

    Eugene,

    LOL. Yes, but not just HIM. I’ve seen his type in the real world, too. (I visit there. Occasionally.)


  125. DaveE says:

    But they should speak out. Greed is one of the Seven Deadly Sins.
    .
    Don’t disagree with you on that, Wayne. Silence (or sins of omission) are something I think many will have to answer for.
    .
    Why didn’t they speak up when the situation called for it? The Bible also says that a LOT of those who call themselves “followers” (and, indeed, did a lot of work in his name) are going to be condemned for their actions (or lack thereof).


  126. Wayne A. Schneider says:

    DaveE,

    Is there a way to get some multi-faith organization to encourage those who lead in the worship rituals (they go by many names in many different religions) to point out that Wall Street greed is nothing to be proud of? Especially since Pride is the worst sin of all. So he’s already guilty of Pride and Greed, and it’s a safe bet to assume there’s a certain amount of Envy in this man’s life (maybe he has a neighbor he wants to “out-do). He’s committing two or three of the Seven Deadly Sins. Isn’t it time our religious leaders started pointing this out as the kind of behavior we don’t want people to emulate? These greedy Wall Street people (and greedy is the kindest thing we could call them) should not be role models for anyone.


  127. NRNRNRE says:

    Lloyd Blankfein is correct in stating that he is doing god’s work. Remember that Jesus refused Satan’s offer of all the worlds governments during his wilderness trials and at 2Cor.4,4 Paul points out that the god of this world (Satan)is the true God’s enemy. Mr. Blankfein does in fact do his god’s work.


  128. DaveE says:

    These greedy Wall Street people (and greedy is the kindest thing we could call them) should not be role models for anyone.
    .
    Wayne,
    .
    Agreed. About all you can do is raise your kids in such a way that you can point to these vultures and say “For heaven’s sake, don’t be like him.”
    .
    Of course, if you are constantly cutting corners and trying to make money ANY WAY you can, you sorta undercut your own message.


  129. RUCerious says:

    Isn’t there an eighth deadly sin, like greed/selfdelusion/surfacepiety?


  130. matimp says:

    Someone should ask him how much it costs to buy a President?

    Sorry, I’m unhappy with the Wall Street cronyism.


  131. EugeneDebs says:

    NRNRNRNRNRNRNRNRNRNRNR

    You are delusional and not very bright. The word government appears NOWHERE in that scripture. The idea that Satan is GOD of this world is absurd and frankly stupid. Also GS did not have to take a bailout because they were covered by the WAY we bailed out AIG. Insuring ALL the profits they hoped to make on their AIG speculation. You are an idiot dude. You have no idea what you are talking about and you need to read the bible itself and stop being brainwashed by what greedy MORONS tell you to think. It will most likely be hard for someone as simpleminded as you to break the chain of being brainwashed. Thinking for yourself is a big step but I suggest you at least TRY it


  132. NRNRNRE says:

    149. EugeneDebs Thanks for responding. My response.

    You are delusional and not very bright. Perhaps.

    The word government appears NOWHERE in that scripture. There were two Bible references made, one in which Jesus was shown all the kingdoms of world. Kingdoms are governments

    The idea that Satan is GOD of this world is absurd and frankly stupid. This is a temporary state that will end at Armageddon. Satan is not almighty. Nothing else explains why people are so selfish.

    Also GS did not have to take a bailout because they were covered by the WAY we bailed out AIG. Insuring ALL the profits they hoped to make on their AIG speculation. This I know, Jesus and his father care about people, GS (Goldman Sachs Inc. Care about money. Satan hates people.

    You are an idiot dude. You have no idea what you are talking about and you need to read the bible itself and stop being brainwashed by what greedy MORONS tell you to think. It will most likely be hard for someone as simpleminded as you to break the chain of being brainwashed. Thinking for yourself is a big step but I suggest you at least TRY it. This last part seems to apply more to you than me


  133. EugeneDebs says:

    NRNRNRNRNR

    WRONG. Kingdoms are no more governments than COUNTRIES are governments. As I said you arent very bright.

    Satan is not GOD in ANY way. The statement was stupid. Not temporarily not in ANY way. Selfishness and greed ARE explained by free will. People are allowed to make the wrong choices. Again you just regurgitate what you were told to think and its ludicrous on the face of it.

    Whatever. YOU said GS was doing Gods work they DIDNT take a gov bailout. But they DID take tons of gov money only someone completely uninformed thinks this is a distinction worth anything

    No it doesnt. It doesnt apply to me at ALL it describes you PERFECTLY. You are a moron who is brainwashed and told what to think then you spew it in our direction as if we dont recognize it as another variation on the old talking points. You fail. You flat out DONT know what you are talking about.


  134. Max Anax junius -1 says:

    .

    The camel does God’s work and serves mankind to it’s greatest ability.
    The rich man that amasses wealth from the many poor is NOT!

    One passes the eye of the needle…
    … And it isn’t the one pontificating about the treasure they’re hording.

    .


  135. Max Anax junius -1 says:

    .

    Dear NRNRNRE,
    And God commanded, as did Christ, NO ONE BEFORE HIM!

    To call Satan a god is BLASPHEMY!
    To agree with a blasphemer is the same.

    While I get the jest of what you’re saying, that Lloyd Blankfein serves a master, to call or recognise that person’s master as a god is blasphemy.

    Is it not?

    .


  136. delafield says:

    NRNRNRE says, “Mr. Blankfein does in fact do his god’s work.”

    You could also say that Kenny Boy Lay did his god’s work. Hitler did his god’s work. AWOL Bush did his god’s work. Timothy McVeigh did his god’s work.


  137. actanonverba71 says:

    Ummm…I hate to get down to the third grade level here, but… This dude is Jewish, not Christian. I have no dog in that fight, but, let’s not sidestep the obvious and act stupid to try to avoid being called a bigot. Jewish people make up like 2% of the population. Yet, when we look at the top executives of major financial institutions it looks like “Little Israel”. Bernanke (and pretty much every single person on the board of the Federal Reserve), Geitner, Paulson, Blankfein, and many, many others all have one three things in common….greed, lies, and the Jewish faith.



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