Goldman Sachs or Government Sachs?

[THE FOLLOWING IS COURTESY OF ALTERNET VIA I CITE BLOG:

Why Goldman Sachs Is the Greediest and Most Dastardly of the Wall Street Pigs
(or reason 2, 998 why what the Obama administration is doing is not evidence of socialism but rather evidence of desperate measures to save a dying, greedy capitalism)
......
We could call it late finance capitalism, financial monopoly capitalism, debt capitalism, or, something with a history: Mafioso Capitalism. It's what we called the Russian form that emerged in the shock treatment of privatization as everything public was expropriated. Our version is of course much more extreme and advanced--makes you almost proud to be an American--because it's rooted in expropriating not just current public funds, but private savings (the exsanguination of all savings funds, funds themselves that were part of the buy off of the middle class). So, it's not the return of Mafioso Capitalism, but it's public face--they don't even have to hide it anymore.)

So, while these golden ones are loudly repudiating the $10 billion public subsidy they took from us, they are coyly retaining at least 40 billion of our dollars to stay afloat -- a tidy sum that does not include any restrictions on pay levels. Coincidentally, Goldman has since announced that it is setting aside nearly $5 billion to be distributed at the end of the year as compensation for its executives, including payments for outlandish bonuses for those at the top.

Saying that such-and-such is the greediest bunch of bankers on Wall Street is like someone claiming to have the biggest hairdo in Dallas -- the competition is fierce. But that's quite a head of hair atop Goldman Sachs. Well, sniff the executives, we merely play the game according to the rules we're given.

Sure, and the Mafia plays its game strictly according to Hoyle. The difference is that the Mafia must actually break the rules, while Wall Street simply hires lobbyists and politicians to write the rules.

Indeed, Goldman Sachs has been nicknamed "Government Sachs" by its rivals, for it always seems to have at least one of its top officials strategically placed inside government to bend federal financial rules to its benefit. In the 1990s, for example, two Goldman foxes -- Robert Rubin and Larry Summers -- were inside the Clinton administration henhouse, where they helped craft the deregulation scams that enriched their former banks, before the scams caused the crash of our economy.