NEW YORK — Goldman Sachs, arguably the most storied investment bank on Wall Street, has been compared to a money-sucking vampire squid and called the evil empire of finance. On Wednesday, it got a black eye from one of its own.

Greg Smith, an executive director at the bank, resigned with a blistering public essay that accused the bank of losing its "moral fiber," putting profits ahead of customers' interests and dismissing customers as "muppets."

Read more:

http://www.cbsnews.com/8...-exit-for-goldman-exec/

Goldman to Goldman - http://www.nomiprins.com...oldman-resignation.html

Other people's money by Nomi Prins - an interesting book to read just like Disaster Capitalism and Confessions of an Economic Hitman.

[quote=hisah]Greg Smith fires a sling shot at the squid's shitty deal culture and now a JP Morgue trader talks about the JP Morgan morgue status and mentions Sparta's hidden derivatives and the silver futures manipulation (not new). Interesting times

http://comments.cftc.gov...d=57019&SearchText=[/quote]
So the JP Morgue story is now pulled down

As per this reuters article, oil price gallops together with global equities rally are signs of global econ growth... Somehow euroland is not recessing, $4 pump price is bullish for US econ as well as high fuel prices in Asia & everywhere. Wow! Can hopium come any better than this...

http://af.reuters.com/ar...andChannel=0&sp=true