Wednesday, July 16, 2008

Return of the scarcely repressed

"I am tired of Goldman being viewed as the Prince of the street. They are cunning and manipulative. I hope that the SEC discovers their deceptive practices and finally mars their squeaky clean image that they try to portray."

Seeing this quote from one who calls himself "Bond33" on Marketwatch today took me way, way back, back to Slavoj Zhizhek's first English book The Sublime Object of Ideology. Zhizhek talks about a perverse logic of anti-semitism. Here's the archetypal conversation:

Villager 1: "That Jew trader Jakov is so shifty and deceiptful."
Villager 2: "What? He seems so honest and trustworthy"
Villager 1: "Exactly. He fools everyone."

Now, I wouldn't say Goldman is above always above reproach in all regards, but Bond33 is striking a classically anti-semitic tone. But hey, isn't that what anonymous web publishing is all about?

3 comments:

Anonymous said...

Never trust a Russian. Especially an enhanced one like Putin. Everyone knows Goldman is a front for the Russian/Israeli Jewish sovereign wealth fund managers to slowly take over the USA. L'chaim.

Anonymous said...

Speaking of Russians, I found the Russian interpreter for the Ms Universe Pagent to be a very engaging fellow. Made me think of the grouser and his mastery of said tongue. I think she finished in 4th place mostly b/c of her oversized lips, which I personally loved.

Steed said...

I agree that the term "cunning" was ill-chosen, but "manipulative" is factually what their being investigated for, so i can't find fault there.

The main point here is the stated GS principle of business that the client always comes first. With their burgeoning success in principal investing, their reputation for putting the other guy first is bound to suffer.

They've got their work cut out for them.