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Lehman Brothers

You may have heard positive things about Margin Call, a new bankster suspense drama loosely based on the 2008 collapse of Lehman Brothers. I just saw the film, and my advice: Don’t waste your time and cash, not unless you want to spend a Jackson and 107 valuable minutes of your life hate-watching poorly scripted/directed banker-propaganda that tries to make you believe that, despite their obvious flaws and all, deep down those Wall Street bankers are complex human beings, just like you and me. Margin Call gives the same bullshit “once in a lifetime event!/never coulda seen it coming!” snowjob that Wall Street’s been laying on us since 2008, swearing that the crash was one of those “Black Swan” events that no one could have possibly predicted. (more…)

November 3rd, 2011 | Comments (40)

Confessions Of A Wall St. Nihilist: Forget About Goldman Sachs, Our Entire Economy Is Built On Fraud

This article first appeared in The New York Press. There was a strange moment last week during President Obama’s speech at Cooper Union. There he was, groveling before a cast of Wall Street villains including Goldman Sachs chief Lloyd Blankfein,…

April 28th, 2010 | Comments (112)

"Lusty Latin Lady" Does Insider Trading Gangbang

December 19th, 2008 | Leave Comment