i don't think it's going to work a, maybe longer term. You know, you should like listen to mother jones. But, like, they don't know it thas all, how this stuff worksa,. And i barely do, and i'm just looking at it from the outside as a curious observer. The criticism is skitzophrantic. I don'tkno, anobody went to jail. He didn't seem like he had horns growing out of the of his head. They haven'thave no idea i actually worked at leman brothers, like a ripe before this happened. Lik just some like, you know, normal dude. A lot
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As a $60 billion a year investment bank engaged in market making and asset management for equities, fixed income, commodity and derivative securities for large institutional clients, Goldman Sachs, having been founded in 1869, is arguably the world’s most recognizable name on Wall Street. Known for attracting some of the best financial talent, it is both respected and feared, in some cases being accused of “ripping their clients off” in the relentless pursuit of profits. Defenders of firms like Goldman Sachs make a big deal about how they’re instrumental in the efficient allocation of (financial) capital, but one could argue the concentration of highly intelligent and motivated individuals operating what amounts to a glorified casino is a gross misallocation of human capital, robbing other critical sectors of talent that would otherwise have gone to engineering real solutions, not financial ones.
