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Goldman Sachs in Talks to Acquire Treasury Department – Borowitz Report

8 hours ago ago from John Ince's Blog

n what some on Wall Street are calling the biggest blockbuster deal in the history of the financial sector, Goldman Sachs confirmed today that it was in talks to acquire the U.S. Department of the Treasury. According to Goldman spokesperson Jonathan Hestron, the merger between Goldman and the Treasury Department is a good fit because they're in the business of printing money and so are we. The Goldman spokesman said that the merger ...

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Name that Treasury Official

18 hours ago ago from PEU Report

“I think going back to Glass-Steagall would be like going back to the Walkman ,” says one senior Treasury official. I'd like to know the name of that official. Is it Tim Geithner, Neal Wolin, Mark Patterson, or Adam Storch ? Who might want taxpayers to cover noncommercial bank activities on behalf of their ex-employer? For a peak into how Goldman Sachs behaves, consider their latest threat: Goldman Sachs has threatened the UK Treasury ...

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Imaginary Journalism

19 hours ago ago from The New Print

In the absence of investigative journalism, a new brand of literary thought-experiment journalism seems to have cropped up.  These stories, likely written from the comfort of a local Starbucks rather than getting the journalist's hands dirty while trying to uncover some truth that is actively being hidden, do at least produce some entertaining and often wry observations about our culture if not anything particularly factually revealing. ...

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