Successiness

February 11th, 2010at 07:01pm Posted by Eli

[Please imagine that I found a video of “That’s not flying!  That’s falling with style!” from Toy Story]

Well, that’s awfully nice that Obama doesn’t begrudge Wall Street executives like Goldman CEO Lloyd Blankfein their “success or wealth,” but I just have to wonder whether taking your company to the brink of collapse with risky quasi-legal dealings and then using your connections and too-big-to-failness to extort huge direct and indirect government bailouts that restore it to obscene profitability is, strictly speaking, “success.”

I mean, would Blankfein’s “savvy” strategy have worked as well for a company one-twentieth the size which did not have alumni seeded in key high-level positions all over the federal government?

Entry Filed under: Corruption/Cronyism,Economy,Obama,Wankers


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