Carl 'Scat Mouth' Levin and the Goldman deal

Charles Hurt:

Carl "Shi- -y Deal" Levin knows one when he sees one.

And when he finds a shi- -y deal, he likes to repeat "shi- -y deal" again and again and again. Eighteen times, to be exact.

Casual observers may have been startled to hear a United States senator -- complete with silver comb-over and half-glasses perched on the end of his nose -- repeatedly say "shi- -y deal."

Levin was just so excited, he was like a pig in, well, you know.

In fact, Congress peddles shameful "deals" involving amounts of money so obscene, they would make a member of the Goldman Sachs compensation board blush.

Levin abused his position as chairman of the committee by his repeated assertions from an email that reflected one person in Goldman's opinion about a deal and not what the company thought of the deal. There are always going to be varying opinions of investment quality. That is what makes some people buyers and some people sellers.. The monumental ignorance about finance reflected by most of the senators yesterday should make it clear that a bunch of amateurs are trying to impose new regulations on an industry they do not have a fundamental understand of.

Comments

Popular posts from this blog

Police body cam video shows a difference story of what happened to George Floyd

The plot against the President

While blocking pipeline for US , Biden backs one for Taliban