Look: I am eager to learn stuff I don't know--which requires actively courting and posting smart disagreement.

But as you will understand, I don't like to post things that mischaracterize and are aimed to mislead.

-- Brad Delong

Copyright Notice

Everything that appears on this blog is the copyrighted property of somebody. Often, but not always, that somebody is me. For things that are not mine, I either have obtained permission, or claim fair use. Feel free to quote me, but attribute, please. My photos and poetry are dear to my heart, and may not be used without permission. Ditto, my other intellectual property, such as charts and graphs. I'm probably willing to share. Let's talk. Violators will be damned for all eternity to the circle of hell populated by Rosanne Barr, Mrs Miller [look her up], and trombonists who are unable play in tune. You cannot possibly imagine the agony. If you have a question, email me: jazzbumpa@gmail.com. I'll answer when I feel like it. Cheers!

Wednesday, April 28, 2010

A Goldman-Sachs Analogy

GS bottled toxic waste, labeled as VSOP Cognac. Due to underlying business relationships, and veiled conflict of interest the Appellation d'origine contrôlée certified the labeling. GS then took out life insurance policies on the buyers, and cashed in when they died.

Analogies are always imperect approximations, but this strikes me as being a direct hit on the nail head.

No comments: