Want to see Goldman Sachs pay for its dodgy business practices?
Want to see the Greg Smith resignation Op-Ed build into something bigger?
Then the next step is to put a series of the “muppets” – institutional investors, pension fund managers, in particular - who had their “faces ripped off” by Goldman in the spotlight, one by one to explain how they got duped and why they continue to do business with GS (as many of them surely do).
There are plenty of these muppets out there. A lot of people know where the bodies are buried.
We should put a stream of these pension fund managers on record to explain their Goldman business.
Simultaneously, offer a bunch of pensioners in these pension funds the chance to comment on how they feel about having their retirement funds "axed" by the millionaire bankers who crashed the global economy and put millions of people out of work.
One crucial element that has enabled the corruption on Wall Street to flourish has been the constant gushers of money from institutional investors desperately seeking returns. For banks like Goldman, building pipelines for this money is reminiscent of the angiogenesis that feeds cancer tumors. Without it, the tumor cells couldn’t proliferate and metastasize.
Like Rushbo, Like Goldman
There is an analogy to be found here with another recent story.
Want to make Rush Limbaugh pay for his egregious attacks? Then aggressively target his advertisers – his customers.
Its working.
Want to make Goldman Sachs pay for their egregious business practices? Then aggressively target their institutional customers.
It could work.