Finally some macro on HN :) I can buy the argument that Goldman didn't see the subprime coming since they were initially exposed (or so the story goes http://w

Finally some macro on HN :) I can buy the argument that Goldman didn't see the subprime coming since they were initially exposed (or so the story goes http://www.vanityfair.com/business/features/2010/04/wall-street-excerpt-201004?printable=true&currentPage=1. http://www.vanityfair.com/business/features/2010/04/wall-str...) Because of this, they were the first big bank to see the coming pop, and acted. However, while their CFO may be the most "frustrated" he's ever been during his 30 years as a Goldmanite, I'm the most frustrated I've ever been in my 23 years as an American. To see this bank make millions every day because a luiqidity-at-all-costs monetary policy issues taxpayer debt to TBTFs as near-zero % interest loans which they use to jack the DOW to all time highs is ridiculous. Yes, the US government is totally unable to tackle the country's financial problems which creates opportunities for I-banks like GS, but I can hardly believe the right path requires a bonanza for these guys. Non-CNBC headlines consistently point to a blatant conflict of interest between fiscal policy and wall street profits (today: http://www.zerohedge.com/article/guest-post-tim-geithner-sniveling-scamster. http://www.zerohedge.com/article/guest-post-tim-geithner-sni...) They want to play the dangerous game of squeezing the heart of our nation during a time of impending crisis.. look to Blackwater for PR advice. Obligatory: http://creattica.com/photoshop/ut104/18473 http://creattica.com/photoshop/ut104/18473