No one expresses it better than Jon Stewart when it comes to Goldman Sachs and how they seem to be so good at bypassing rules: mmmm...these fucking guys. So while we learn in the economist or the FT that Goldman engaged itself in an exercise of public self-examination, we are also reminded of the set of clever moves they made back in December 2008, the notorious month that never existed. They first changed their status from investment bank to commercial bank to avoid a disaster and switched the start of their fiscal year from December to January. Needless to say, huge losses were booked that very month of December 2008 which never appeared on public report. We know now also that a vast load of stock options ($ 1.7 billion worth now $ 7.6 billion) were granted that same month. And it did not show up in any report either.
Mmm...these fucking guys.
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