Tag:
Vampire squid
Latest Headlines
Latest Headlines
Vampire squid moniker endures
Dealbook weighs in with an interesting essay on the most enduring metaphor of the financial crisis: The reference to Goldman Sachs by Matt Taibbi as a "great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like mo
Rolling Stone takes on JPMorgan
Matt Taibbi, the man who coined the memorable Vampire Squid reference to Goldman Sachs ( NYSE: GS ), has turned his attention to JPMorgan Chase ( NYSE: JPM ). Writing again for Rolling Stone , he offers a long take on the Jefferson County, Alabama fiasco, for which JPMorgan has paid $50 mil
Goldman Sachs, a bank apart?
Recall the Rolling Stone description of Goldman Sachs ( GS ) as "a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money." So is that good thing or a bad thing? For some, this is a virtue, as long as the blood funn
What to do about that bank tax?
The banking industry is in a quandary when it comes to the recently proposed bank tax. On the one hand, it does seem rather unfair and may well be unprecedented in its punitive nature. On the other hand, the public is angry right now, and that anger is palpable. It was directed at Tim Geithner pre
Too-big-to-fail fight brewing in Washington
The SEIU-led anti-big bank rally made a stop in Washington , picketing the offices of Goldman Sachs. Only about 100 protesters showed up with their signs, but that was good enough to get some coverage in Politico . The most memorable prop: a big red homemade vampire squid puppet, replete
Gasparino gets tough with Goldman Sachs
So how is the great Goldman Sachs ( GS ) charm offensive going? Among the latest to weigh in is none other than Charles Gasparino on the Huffington Post . It's fair to say that he smells BS when Goldman Sachs CEO Lloyd Blankfein suggests that the bank really didn't need the TARP infusion and
Is Goldman Sachs God?
We've noted recently the need for Goldman Sachs ( GS ) to get its PR right as it heads toward the inevitable news storm that will ensue when it pays roughly $25 billion in bonuses. If you want an interview with CEO Lloyd Blankfein, now may be the time. But you may no longer hear Blankfein li
Goldman Sachs' view on short selling?
Matt Taibi, who famously called Goldman Sachs a "great vampire squid wrapped around the face of humanity" in Rolling Stone, has picked a new fight with the bank. This time he's targeting the bank's lobbying efforts to keep regulation of short selling at bay. Taibi received a leak from some Con
Goldman Sachs' image takes a hit, so what?
People in the industry tend to scoff at the Goldman Sachs conspiracy theorists out there. For example, they laughed when Rolling Stone called the bank "a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money." Bu
The Goldman Sachs metaphor that stuck
Say what you want about that infamous Rolling Stone article about Goldman Sachs. It managed to come up with a metaphor that stuck: The company "is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money."
The F
