Financial Times 2020-02-21
Goldman earned its role as a lightning rod for popular rage over the 2008 meltdown. Insiders spoke of a culture in which Goldman would sell its most sophisticated products — often riddled with disguised subprime mortgages — to the most unsophisticated investors, including small pension funds, whom they dubbed “muppets”. Then they shorted their own products, leaving Goldman a winner either way. Rolling Stone described the bank as a “great vampire squid wrapped around the face of humanity”. Blankfein was paid $54m in 2007, the year before the crash. In late 2008, his bank received at least $10bn worth of taxpayers’ money.
Actually, my concern has to do with the fact that you had no problem getting bailed out by working Americans, while you've been picking on them by advocating for cutting Medicare, Medicaid and Social Security. https://t.co/m7KN9ul7EP
— Bernie Sanders (@BernieSanders) July 12, 2019