Goldman Sachs, "the heart of darkness?"

June 29, 2009 | By Jim Kim

Goldman Sachs has achieved a level of cultural significance that is reflected well in an out-there article in Rolling Stone. That's right, the same Rolling Stone that skewered AIG, recently. The same author has trained his talents on the premiere Wall Street bank and the results have the anti-Goldman Sachs crowd no doubt cheering.

Goldman Sachs has already responded: "The article is a compilation of just about every conspiracy theory ever dreamed up about the firm...It's a grotesque distortion of facts, commingled with fiction and spiced up with hyperbole. The only things missing seem to be allegations that we were responsible for assassinating President Kennedy and faking the first lunar landing."

The point of the article: "The first thing you need to know about Goldman Sachs is that it's everywhere. The world's most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money."

For more:
- here's a summary from the LA Times
- here's the article via the ZeroHedge blog