Goldman Congressional Hearings

[torontoman]

Quote from Anaconda:

Viniar is pretty good. Best speaker for GS so far.

I just heard his explanation of AIG payouts and now I am wondering exactly why was AIG bailed out if everything was covered by cash & treasuries collateral. Funny business.

Did u hear that? "Unfortunate to have on an email."

 

[MarketMasher]

Quote from Anaconda:

Viniar is pretty good. Best speaker for GS so far.

I just heard his explanation of AIG payouts and now I am wondering exactly why was AIG bailed out if everything was covered by cash & treasuries collateral. Funny business.

Agree - Viniar was very good - then he was asked if it was good for GS to sell things that its employees called a "bad deal" and "shitty" and he said it was bad "that that was put in an e-mail" and everybody in the room let out a loud groan.

Otherwise he was doing fine.

 

[ElCubano]

Quote from torontoman:

Did u hear that? "Unfortunate to have on an email."

big slip.

 

[krazykarl]

This committee is laughable at best.... Levin is really embarrassing himself.

 

[torontoman]

Quote from krazykarl:

This committee is laughable at best.... Levin is really embarrassing himself.

The funny thing is is that he doesn't even know that he is embarrassing himself.

 

[ElCubano]

Quote from krazykarl:

This committee is laughable at best.... Levin is really embarrassing himself.

I agree.

 

[johnnyqpublic]

Drinking game starts now, IMO.

 

[krazykarl]

Quote from ElCubano:

I agree.

QUICK: who am i?

"shorts.........shitty.......shorts........shitty............shitty.........shorts.........."

 

[LeeD]

Quote from krazykarl:

"shorts.........shitty.......shorts........shitty............shitty.........shorts.........."

That's what Paulson must have been murmuring when closing his short subprime positions at a massive profit.

 

[Mr J]

This is ridiculous. Levin keeps asking the same stupid question, Blankfein keeps answering, and Levin keeps cutting him off mid answer.