Tough times on Wall Street are reaching all the way to the highest levels of the most storied former investment bank—Goldman Sachs—as partners there are being forced to borrow money to cover margin calls, according to sources within the firm.
Several Goldman Sachs partners have leveraged their Goldman Sachs stock to buy alternative investments such as hedge funds & private equity, and they have done so through their Goldman Sachs brokerage accounts.
It's deeper in the article, but it talks about how uncomfortable it's been for GS to issue margin calls on their own partners...that's just comical to me for some reason. Ponzi motherfuckers.
I've never met a retarded person who wasn't smiling.
