These are but a few reasons why banksters need to go to jail.

As noted by the Goldman-hating Matt Taibbi today in a blog post praising Smith's courage, the blowback against this guy will be rough, and he has to know it.

Oh, wow! It's already begun. Check out the update on Taibbi's post.

making quarterly numbers is a cruel taskmaster, one that makes such genteel ideas as culture and leadership passé.

-Barry Ritholtz

Man Or Muppet

Bloomberg: Goldman Roiled by Op-Ed

Goldman Sachs Group Inc. (GS) saw $2.15 billion of its market value wiped out after an employee assailed Chief Executive Officer Lloyd C. Blankfein’s management and the firm’s treatment of clients, sparking debate across Wall Street.

Since 2012 was a leap year could march 14 be considered the ide this year?

A reminder that emporers don't always hold government jobs.

Taibbi details "galactic screwup by usually-slick banker lawyers"

Was Goldman really disclosing “nonpublic data concerning customer short positions” to its big hedge fund clients? That would be something its smaller, “Muppet” customers would probably want to hear about...

Last week, in response to an Overstock.com motion to unseal certain documents, the banks’ lawyers, apparently accidentally, filed an unredacted version of Overstock’s motion as an exhibit in their declaration of opposition to that motion. In doing so, they inadvertently entered into the public record a sort of greatest-hits selection of the very material they’ve been fighting for years to keep sealed.