Is Grousing About Goldman Reaching Critical Mass?


Illustration by S. Kambayashi

By Peter Brimelow

I’m amazed: Grousing about Goldman Sachs, and fury at the financial sector, is actually reaching the point where something might happen — maybe even answers to questions we’ve been asking for a while.

As Jim Bianco of Bianco Research just noted in his News Clips/Daily Commentary service: “The amount of bad news that Goldman Sachs Group is generating with its record earnings is incredible. We cannot remember a company that has received so much scorn for making money.”

Bianco linked to critical stories in the Economist and the New York Times and a scathing op-ed column “The Joy of Sachs” by Paul Krugman .

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