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November 2009
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Goldman Sachs apologizes insignificantly

This morning Goldman offered an apology that really is just a slap in the face. They claimed that they will GIVE 500 million to help small businesses. But when you read between the lines, you know that they really aren’t given shit away. First, the plan expands over 5 years at 100 million per year. However, 200 of those millions are for EDUCATIONAL purposes and 300 of LOANS to small businesses. Not like I’d expect anything better from Goldman. If the way they conduct business is anything about the outcome of this “charity”, the rates on the business loans will be 5 to 10% adjustable over prime. So basicly, Goldman Sachs apologizes for crimes agaisnt humanity by offering them more debt. I guess they are still playing God. […]