Goldman Sachs Suing Matt Taibbi?

by Ben Cohen

This I would like to see. According to Taibbi:

Apparently Goldman has weighed suing me for… well, I’m not exactly

sure what the grounds would be. Being annoying? Covering finance

without a nice enough tie?

I seriously doubt they would do something like this, but if they

actually have considered such a step, that says a lot about their

mentality. If the bank really wanted to defuse controversy at a time

when people are pissed at Wall Street they could have juggled their

second-quarter profit numbers to make them look less obscene, or

announced even a nominal loan forgiveness program for some of their

notorious subsidiary Litton’s struggling customers, something like

that. Instead… well, we’ll see if this is true. I doubt it.

If the rumor is true, the prospect of a multi national investment bank suing a Rolling Stone journalist is absolutely hilarious. If Taibbi’s claims were provably false, Sachs wouldn’t bother responding to them. They have, and it shows Taibbi hit a nerve.

Ben Cohen is the editor and founder of The Daily Banter. He lives in Washington DC where he does podcasts, teaches Martial Arts, and tries to be a good father. He would be extremely disturbed if you took him too seriously.