George Weinbaum

Goldman's Success: Put Down Those Pitchforks

Where's my bailout? To hell with Goldman. Indict Lloyd Blankfein, currently at Goldman and the other "former" Goldmanites in government like Robert Steel, Henry Paulson and now Robert Hormats. Let the Justice Department figure out what for. I'm sure if it looks, it will find something. How stupid do you think we are? Absent Zimbabwe Ben's suppressing interest rates and bailing out AIG, Goldman would have joined Bear and Lehman. Goldman snaps its fingers and the FBI arrests Aleynikov. Amazing. How does Goldman's making money put a dollar in my pocket? This is the most absurd post I've seen at Seeking Alpha. Goldman tried to shut up GoldmanSachs666. Remeber?

A Refutation of Modern Economic Theory

I said these things when I was in my first undergraduate economics class. Keynesian economics is nonsense.

Insider Trading at the SEC: What if They Gave an Audit and Nobody Came?

This case looks like another SEC witch hunt. I think the SEC's war against insider trading is a waste of time. This case should be dropped and the SEC go on to more serious matters, like AIG's CDS accounting.

In the Midst of an Extreme Black Swan (Part I)

I saw this coming in May 2005. There was a real estate investment seminar in Los Angeles that attracted 40,000 people looking for get rich quick schemes. Seeing that, I concluded real estate was about to crash. I never respected the financial models. Why? We learned that financial relationships are never stable. That said, I agree with the vast majority of what you wrote.

SEC Triggers Prison Construction Boom

I agree, the SEC is useless. I roast it regularly at my blog.