Dean
1st May 2010, 15:35
Because, like, this won't happen man (http://www.journalgazette.net/article/20100427/BIZ/304279972) - once we're all singing kum-bay-yah and competing in the free market! Dude, it will be like, cool. So cool that nothing bad will happen.
NEW YORK Goldman Sachs Group Inc. is fighting to clear its name, but not in a court of law.Goldman has hit back hard against civil fraud charges with a public relations blitz aimed at poking holes in the Securities and Exchange Commissions case and repairing the banks reputation. Every time the SEC has punched, Goldman has quickly counterpunched.
The winners won't even assert their power.
//end hippy
What's perhaps more interesting about the above is that Goldman Sachs didn't need to work on PR until the government decided to go after them.
What's that, you say? Our incredibly feeble "representative democracy" asserts public interest more than the market?! Bullshit. As I said in the beginning, the free market will solve everything. And just look at this:
To help its cause, Goldman has hired Mark Fabiani, a big player in the PR world with strong ties to top Democrats. Fabiani earned the nickname Master of Disaster for his handling of crises during the Clinton administration. He now works as a media consultant specializing in corporate crisis management. Goldman has also brought in top corporate attorneys. And its executives, including CEO Lloyd Blankfein, have been out in public, not hunkering down.
See? Government. End of story, check-and-mate, it's the fault of the government.
The self interest of capitalist firms has nothing to do with it!
NEW YORK Goldman Sachs Group Inc. is fighting to clear its name, but not in a court of law.Goldman has hit back hard against civil fraud charges with a public relations blitz aimed at poking holes in the Securities and Exchange Commissions case and repairing the banks reputation. Every time the SEC has punched, Goldman has quickly counterpunched.
The winners won't even assert their power.
//end hippy
What's perhaps more interesting about the above is that Goldman Sachs didn't need to work on PR until the government decided to go after them.
What's that, you say? Our incredibly feeble "representative democracy" asserts public interest more than the market?! Bullshit. As I said in the beginning, the free market will solve everything. And just look at this:
To help its cause, Goldman has hired Mark Fabiani, a big player in the PR world with strong ties to top Democrats. Fabiani earned the nickname Master of Disaster for his handling of crises during the Clinton administration. He now works as a media consultant specializing in corporate crisis management. Goldman has also brought in top corporate attorneys. And its executives, including CEO Lloyd Blankfein, have been out in public, not hunkering down.
See? Government. End of story, check-and-mate, it's the fault of the government.
The self interest of capitalist firms has nothing to do with it!