The following was sent to me by a relative. Do you think it is a humorous parody about the financial group who claims to be doing "God's Work"?:
NEW YORK (The Borowitz Report)– The following is a letter released today by Lloyd Blankfein, the chairman of banking giant Goldman Sachs:
Dear Investor:
Up until now, Goldman Sachs has been silent on the subject of the protest movement known as Occupy Wall Street. That does not mean, however, that it has not been very much on our minds. As thousands have gathered in Lower Manhattan , passionately expressing their deep discontent with the status quo, we have taken note of these protests. And we have asked ourselves this question:
How can we make money off them?
The answer is the newly launched Goldman Sachs Global Rage Fund, whose investment objective is to monetize the Occupy Wall Street protests as they spread around the world. At Goldman, we recognize that the capitalist system as we know it is circling the drain – but there’s plenty of money to be made on the way down.
The Rage Fund will seek out opportunities to invest in products that are poised to benefit from the spreading protests, from police batons and barricades to stun guns and forehead bandages. Furthermore, as clashes between police and protesters turn ever more violent, we are making significant bets on companies that manufacture replacements for broken windows and overturned cars, as well as the raw materials necessary for the construction and incineration of effigies.
It would be tempting, at a time like this, to say “Let them eat cake.” But at Goldman, we are actively seeking to corner the market in cake futures. We project that through our aggressive market manipulation, the price of a piece of cake will quadruple by the end of 2011.
Please contact your Goldman representative for a full prospectus. As the world descends into a Darwinian free-for-all, the Goldman Sachs Rage Fund is a great way to tell the protesters, “Occupy this.” We haven’t felt so good about something we’ve sold since our souls.
Sincerely,
Lloyd Blankfein
Chairman, Goldman Sachs
PS - YOU KNOW SOMETHING'S STRANGE WHEN BOTH GLEN BECK AND JOHN STEWART AGREE. PARTS 1 AND PARTS 2 OF PBS's ANALYSIS OF GOLDMAN SACHS ARE PRETTY INTERESTING, AND EASY TO UNDERSTAND. "AN EASY MONEY SCAM"...is an excerpted quote from one GOP Presidential adviser.
PPS - Today Goldman Sachs announced lay-offs. No matter how smarmy their role in the sub-prime lending/derivatives industry, I'm sorry to hear more people are losing their jobs.
this is a good post for investor and reader thanks
Posted by: Commodity Exchange | December 21, 2011 at 03:51 AM