Ok, Good, Everything's Fine Then
Michael Geoghegan, chief executive of HSBC, is so convinced there will be a second downturn in the coming months that he plans to delay any rush to expand the bank.
But why be such a Gloomy Gus: if your former CEO was also Treasury Secretary of the United States, things appear to be going swimmingly.
Ah, life in the Golden Age of private equity. It's a whole different world, you know. We have to do things differently now--who knew, it is possible to get something for nothing, after all. Just keep repeating to yourself, what's good for Wall Street is good for America. Just as long as I get to keep my guns ('cause if you get your socialist, nazi, communist hands on my medicare and social security, I might have to kill you) and retain my freedom to hate whoever I want.
(*Disclaimer: I have a small IRA invested in certain Goldman Sachs funds, but at this point in time, no, I'm not dumb enough to switch it to something else based on principle. Maybe if I were as successful as Michael Moore, but as it is, I'm on the Leave No Matt Behind program.)
But why be such a Gloomy Gus: if your former CEO was also Treasury Secretary of the United States, things appear to be going swimmingly.
Ah, life in the Golden Age of private equity. It's a whole different world, you know. We have to do things differently now--who knew, it is possible to get something for nothing, after all. Just keep repeating to yourself, what's good for Wall Street is good for America. Just as long as I get to keep my guns ('cause if you get your socialist, nazi, communist hands on my medicare and social security, I might have to kill you) and retain my freedom to hate whoever I want.
(*Disclaimer: I have a small IRA invested in certain Goldman Sachs funds, but at this point in time, no, I'm not dumb enough to switch it to something else based on principle. Maybe if I were as successful as Michael Moore, but as it is, I'm on the Leave No Matt Behind program.)
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