Saturday, August 8, 2009

Goldman Sachs vs. Taibbi?

Over at Taibblog, Matt Taibbi is as surprised as anyone that Goldman Sachs apparently is considering taking their disenchantment with Taibbi's reporting to an entirely new level.
A well-connected source tells us that Goldman Sachs has weighed suing journalist Matt Taibbi because of his recent criticisms of the bank, most notably his lengthy piece in Rolling Stone, “Inside The Great American Bubble Machine.”

via SOURCE: Goldman Discussed Suing Taibbi.

This is via Business Insider. Apparently Goldman has weighed suing me for… well, I’m not exactly sure what the grounds would be. Being annoying? Covering finance without a nice enough tie?

I seriously doubt they would do something like this, but if they actually have considered such a step, that says a lot about their mentality.
Oh it says to me that Taibbi just might actually be one of the few financial journalists out there doing his job, instead of being a paid mouthpiece. If you haven't read Taibbi's Rolling Stone piece on Goldman Sachs, do yourself a favor. You'll see why the company just might be a little miffed at him.

Of course there's this, this, and this too.

And people wonder why I'm so pessimistic about the economy. It will always be run by assholes at the expense of people like you and me.

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