Matt Taibbi: Goldman Sachs Squid

Posted by admin on Wednesday, May 31, 2017

Matt Taibbi Money Quote saying the investment bank finds all sources of cash to find ways to exploit wherever they exist around the world. Matt Taibbi said:
 
know about Goldman Sachs is that it's everywhere. The world's most powerful investment bank Quote
 

“The first thing you need to know about Goldman Sachs is that it’s everywhere. The world’s most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money” — Matt Taibbi

 

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In this provocative quote, Matt Taibbi is levying a harsh criticism against Goldman Sachs, one of the world’s largest investment banks. He describes Goldman Sachs as a “vampire squid” that wraps itself around humanity to feed off money wherever possible. Taibbi portrays the bank as relentlessly preying on economic activity and profit wherever “it smells like money.”

The quote suggests Taibbi views Goldman Sachs as a parasitic financial institution that inserts itself into all areas of the economy and society to extract wealth, with little regard for others. Overall, Taibbi appears to be condemning what he sees as Goldman Sachs’ all-encompassing influence and profit-driven behavior at the expense of other concerns through this characterization.

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