Goldman piggies oink: Greed is good for all, just us first
Goldman Sachs’s Griffiths Says Inequality Helps All
Oct. 21 (Bloomberg) – A Goldman Sachs International adviser defended compensation in the finance industry as his company plans a near-record year for pay, saying the spending will help boost the economy.
“We have to tolerate the inequality as a way to achieve greater prosperity and opportunity for all,” Brian Griffiths, who was a special adviser to former British Prime Minister Margaret Thatcher, said yesterday at a panel discussion at St. Paul’s Cathedral in London. The panel’s discussion topic was, “What is the place of morality in the marketplace?” </em>
Goldman Sachs, robber barons deluxe, showed up at a panel discussion on morality? Too funny. What would be even funnier would be if they actually believe that paying record salaries and bonuses to themselves is somehow going to “boost the economy”.
Funny, that is, if it wasn’t tragically and fatalistically sad. Oink oink to the next great depression.
